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(TCO D) In the revenue cycle, a customer places an order for a certain product. Before the order is checked for inventory availability, what step should be taken?
The customer’s credit should be checked for a sale on account.
The sales order should be created and written to a file.
Shipping should be notified of an order in process.
A picking list should be generated for the warehouse.
Question 2. Question : (TCO D) With a(n) __ system, customers pay according to the amount showing on their monthly statement and payments are simply applied against the total account balance.
closed invoice
open invoice
balance forward
invoice forward