Which Department Is Least Likely to Be Involved in the Revenue

question 39

Multiple Choice

Which department is least likely to be involved in the revenue cycle?

• A)credit
• B)accounts payable
• C)billing
• D)shipping

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Definitions:

Bid-Rigging Cartel

A secretive agreement between competitors to fix bidding processes to ensure a predetermined outcome.

Winning Bid

The highest offer made in an auction that wins the item or contract being auctioned.

Bidders Values

The individual valuation that bidders assign to the item or items being auctioned, which influences their bidding strategy.

High-Value

Refers to items or services that are of significant worth, often due to their quality, scarcity, or demand.