A(n)________ system prepares and mails monthly statements to customers throughout the entire month,instead of just at the end of the month.

Question

Quizplus · Accepted Answer

Cycle billing is a system where monthly statements are prepared and mailed to customers throughout the entire month in batches or cycles, instead of waiting for the end of the month to send out all statements at once. This system helps to evenly distribute the workload of preparing statements and also ensures that customers receive timely payment reminders.

A(n)________ System Prepares and Mails Monthly Statements to Customers Throughout