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Which of the Following Statements Is True

Question 81

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 the subsequent shipment.

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