The revenue process includes receipt of an order from the client, approval of credit, determining whether the stock is available, the shipment of goods to the customer, bill generation, collection of cash and recognition and recording the effect of the process on affected accounts such as accounts receivable , inventory and commission. To choose: Whether the statement is true or false.

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Chapter 9, Problem 2TFQ

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Introduction: The revenue process includes receipt of an order from the client, approval of credit, determining whether the stock is available, the shipment of goods to the customer, bill generation, collection of cash and recognition and recording the effect of the process on affected accounts such as accounts receivable, inventory and commission.

To choose: Whether the statement is true or false.

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