Which of the Following Statements Is True

question 81

Multiple Choice

Which of the following statements is true?

• A) In a pre-billing system, invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping's billing notification.
• B) In a post-billing system, invoices are prepared upon acceptance of the customer order.
• C) Of the two types of billing systems discussed in the text, the pre-billing system requires the more accurate inventory records.
• D) Of the two types of billing systems discussed in the text, the pre-billing system is appropriate in situations where there is a significant delay between acceptance of the customer's order and the subsequent shipment.

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Definitions:

Exporting Of Goods

The process of sending goods or products from one country to another for the purpose of selling.

Technically-Skilled Workers

Employees who possess specialized technical skills, often relating to a specific field or technology, enabling them to perform complex tasks efficiently.

BRIC Country

Refers to Brazil, Russia, India, and China, which are four fast-growing developing economies with significant influence on global markets.

Contractual Agreements

Formal, legally binding agreements between two or more parties that specify the terms and conditions of their relationship or transaction.