Which of the following statements regarding source documents in a revenue cycle is incorrect?
A) The packing slip is generated by the shipping clerk.
B) The sales invoice is prepared by the billing clerk.
C) The remittance advice is generated by the customer.
D) The sales order is prepared by the salesperson.
Correct Answer:
Verified
Q8: Ideally,customer data should be produced by a
Q9: The sales order is a formal document
Q10: Which of the following departments is not
Q11: ERP:
A)improves the integration of enterprise-wide data
B)provides tighter
Q12: CRM stands for:
A)Computerised resource management
B)Customer relationship management
C)Corporate
Q14: EDI stands for:
A)Electronic data interchange
B)Electronic departmental integration
C)Extensible
Q15: The objective of the sales phase in
Q16: The objective of the accounts receivable phase
Q17: Inventory data is primarily created by activities
Q18: The revenue cycle commences when:
A)a payment is
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