Which of the following is not a basic activity of the revenue cycle?

Name: Which of the following is not a basic activity of the revenue cycle?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Receiving is not directly involved in the revenue cycle as it mostly deals with the procurement of goods and services. The other options – sales order entry, shipping, and billing – are all basic activities of the revenue cycle as they involve the sale of goods and services, delivery of the same, and billing the customers for the same.

Which of the Following Is Not a Basic Activity of the Revenue