The Revenue Cycle Consists of

question 51

Multiple Choice

The revenue cycle consists of

• A)one subsystem-order entry
• B)two subsystems-sales order processing and cash receipts
• C)two subsystems-order entry and inventory control
• D)three subsystems-sales order processing, credit authorization, and cash receipts

---

Definitions:

Paralegals

Legal assistants who support legal professionals in various tasks, including document preparation, research, and client communications, but cannot give legal advice or represent clients in court.

Attorney-Client Privilege

Attorney-Client Privilege is a legal principle that maintains the confidentiality of communications between lawyers and their clients, protecting the information from being disclosed in court.

Confidentiality

The obligation not to disclose or make private information known to those not authorized to receive it.

Duration

The length of time that something lasts or continues.