Typical source documents involved in the revenue and collection cycle would be ________.

Question

Quizplus · Accepted Answer

Shipping documents would be the most relevant source documents in the revenue and collection cycle, as they provide evidence of goods being shipped to customers and would be used to support the billing and collection process. Cash disbursements, inventory listings, and vendor invoices are not directly related to revenue and collection.

Typical Source Documents Involved in the Revenue and Collection Cycle