. the main objective of revenue cycle is: a. generate higher net operating margin b. list out the benefits of FEDI c. provide right product at right place at right time d. inform managers on day to day operations 14 points QUESTION 6 6. segregation of duties is the most effective control procedure for a. minimize audits b. increasing morale c. improving performance d. reducing risk 14 points QUESTION 7 7. item lists quantity and description of each items in shipment: a. cancelled purchase order b. packing slip c. invoicing d. billing request
the main objective of revenue cycle is
Ans c. provide right product at right place at right time
Reason:- Revenue cycle matches demand of product and make it available.
segregation of duties is the most effective control procedure for
Ans is d. reducing risk
Reason:-
It helps in reducing risk by giving relating activities to two or more people.
item lists quantity and description of each items in shipment
Ans is
b. packing slip
Reason:-
Packing slip format.
Description | Order quantity | Ship quantity |
Product XY | 4 | 10 |
Product ZY | 5 | 20 |
Product AB | 6 | 30 |
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