In a Pre-Billing System, Invoices Are Prepared

question 27

Multiple Choice

In a pre-billing system, invoices are prepared:

• A) immediately upon acceptance of a customer order
• B) when there is to be a delay between the time that the order is accepted and the time it is shipped
• C) where inventory balances can be determined only through physical count
• D) to improve customer relations

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Definitions:

Cycle Times

The total time from the beginning to the end of a process, including both processing and waiting times, aiming to measure efficiency.

Task Times

The amount of time required to complete a specific task or operation, often used in scheduling and workflow planning.

Output Rate

The speed at which products are produced or services are delivered by a company or a production process.