In an Organization in Which the OE/S and B/AR/CR Processes

question 101

Multiple Choice

In an organization in which the OE/S and B/AR/CR processes are separate processes, the B/AR/CR process usually accomplishes all of the following activities except:

• A) picking goods in the warehouse
• B) billing customers
• C) managing customer accounts
• D) securing payment of customer accounts

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Definitions:

Profit

The financial gain calculated as the difference between revenue generated and expenses incurred by a business.

Assets and Liabilities

These represent a company's resources (assets) and obligations (liabilities).

Incoming Cash

Money received by an organization, representing inflows from various sources like sales, investments, or loans.

Assets

Economic resources or valuable items owned by an individual or business, expected to generate positive economic value.