The ________ begins with sales representatives and dealers sending orders to the firms and is followed by the sales department preparing invoices, and finally generating shipping and billing documents.
A) payroll system
B) market research process
C) human resources system
D) expense cycle
E) order-to-payment cycle

Question

Quizplus · Accepted Answer

The order-to-payment cycle involves the process of receiving customer orders, preparing invoices and shipping documents, and finally receiving payment for the products or services provided. This cycle starts with sales representatives and dealers sending orders to the firm and ends with the firm receiving payment for the goods or services provided.

The ________ Begins with Sales Representatives and Dealers Sending Orders