Which of the Following Is Not a Key Decision That

question 28

Multiple Choice

Which of the following is not a key decision that needs to be made in the revenue cycle?

• A)How should merchandise be delivered to customers?
• B)Should credit be extended to customers?
• C)How can customer payments be processed to maximize cash flow?
• D)Which vendor should inventory be purchased from?

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Definitions:

Nature

The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.

Instrument

A formal legal document that serves as evidence of a fact or a right, and can include negotiable instruments in financial transactions.

Payable On Demand

A financial term referring to a debt or obligation that must be paid or fulfilled whenever the lender or beneficiary demands.

Numerical

Relating to numbers, or expressed or represented by numbers.