Which of the Following Accounting Information System Activities Is Completed

question 117

Multiple Choice

Which of the following accounting information system activities is completed when merchandise inventory is sold?

• A) preparation and payment of payroll
• B) receipt of customer payment
• C) receipt of goods or services
• D) payment for goods or services

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Definitions:

Products and Services List

An organized inventory of the items and services offered by a business, often included in financial, sales, and operational documents.

Sales Transactions

Financial exchanges or deals that occur when selling goods or services to customers.

Customers List

A Customers List is a compilation of information on clients who purchase goods or services from a business, often used for marketing, sales, and customer service.

Gear Icon

A graphical representation commonly used to symbolize settings or options in a software application.