Which of the Following Statements Is True

question 70

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 its shipment.

---

Definitions:

Low-Cost Leadership

A strategy where a company becomes the lowest cost producer in its industry, offering products or services at the lowest price point to gain market share.

Franz Colruyt

A Belgian entrepreneur known for founding the Colruyt Group, a major retail corporation.

World Companies

Multinational corporations that operate and compete on a global scale, often influencing economic, political, and cultural dynamics worldwide.

Aerospace Technology

The branch of technology dedicated to the development and production of aircraft and spacecraft.