The objective of the sales phase in the revenue cycle is to:
A)Effectively conduct sales and arrange the prompt supply of goods and services.
B)Effectively conduct sales.
C)Effectively conduct,record,and monitor sales and arrange the prompt supply of goods and services.
D)Effectively conduct,record,and monitor sales.

Question

Quizplus · Accepted Answer

The sales phase in the revenue cycle involves not only conducting effective sales but also recording and monitoring the sales and arranging the prompt supply of goods and services. Therefore, option C is the best choice. Option A and B are incomplete as they do not cover all the necessary components of the sales phase. Option D covers recording and monitoring sales but does not mention arranging the prompt supply of goods and services.

The Objective of the Sales Phase in the Revenue Cycle