The sales transaction cycle for a merchandising company is:
A)Create Purchase Order Receive Inventory Record Bill Pay Bill Print Check
B)Create Invoice Receive Payment Record Deposits
C)Create Purchase Order Receive Payment Record Deposits
D)Create Invoice Receive Inventory Pay Bill Record Deposits

Question

The sales transaction cycle for a merchandising company is:
A)Create Purchase Order > Receive Inventory > Record Bill > Pay Bill > Print Check
B)Create Invoice > Receive Payment > Record Deposits
C)Create Purchase Order > Receive Payment > Record Deposits
D)Create Invoice > Receive Inventory > Pay Bill > Record Deposits

Quizplus · Accepted Answer

The Answer of The sales transaction cycle for a merchandising company is:
A)Create Purchase Order > Receive Inventory > Record Bill > Pay Bill > Print Check
B)Create Invoice > Receive Payment > Record Deposits
C)Create Purchase Order > Receive Payment > Record Deposits
D)Create Invoice > Receive Inventory > Pay Bill > Record Deposits

The Sales Transaction Cycle for a Merchandising Company Is