The reconciliation that occurs in the shipping department is intended to ensure that
A) credit has been approved
B) the customer is billed for the exact quantity shipped
C) the goods shipped match the goods ordered
D) inventory records are reduced for the goods shipped
Correct Answer:
Verified
Q24: The warehouse is responsible for updating the
Q29: When customer payments are received,the mail room
Q30: In a basic technology revenue cycle system,a
Q31: The purpose of the sales invoice is
Q32: The adjustment to accounting records to reflect
Q33: The revenue cycle consists of
A)one subsystem-order entry
B)two
Q35: Process controls are controls over the logic
Q36: In a manual system,the billing department is
Q37: The POS environment places both cash and
Q38: Which document triggers the revenue cycle?
A)the sales
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