In the Revenue and Collection Cycle, the Order of the Activities

Multiple Choice

In the revenue and collection cycle, the order of the activities in the cycle is best illustrated by:

A) delivering goods, billing customer, granting credit, and performing collection activities.
B) customer ordering, delivering goods, granting credit, and billing customers.
C) processing customer orders, granting credit, delivering goods, and billing customers.
D) granting credit, billing customers, delivering goods, and processing cash receipts.