The revenue cycle consists of
A)one subsystem-order entry
B)two subsystems-sales order processing and cash receipts
C)two subsystems-order entry and inventory control
D)three subsystems-sales order processing, credit authorization, and cash receipts

Question

Quizplus · Accepted Answer

The revenue cycle typically includes two main subsystems: sales order processing and cash receipts, which handle the processing of customer orders and the collection of payments, respectively.

The Revenue Cycle Consists of