Final Ch11

Question 1

The ______ process completes the order to cash process

Answer 1

B/AR/C

Question 2

The _______ _______ is An interacting structure of people, equipment, activities, and controls designed to create information flows and records that:

Answer 2

The B/AR/CR process is

Question 3

The B/AR/CR process:

Answer 3

Supports the repetitive work routines of the credit department, the cashier and the accounts receivable department

Question 4

B/AR/CR process provides ______ __ ____ such as revenues and AR by violating GAAP revenue recognition rules

Answer 4

Opportunity to manipulate financial results