INTRODUCTION TO AIS
MIDTERM REVIEWER
EXAM WITH 100%
CORRECT ANSWERS
2024
sales order procedures,
sales return procedures
cash receipts procedures
revenue cycle includes:
Receive Order
Check Credit
Pick Goods
Ship Goods
Bill Customer
Update Inventory Records
Update Accounts Receivable
Post to General Ledger
Sales Order Procedures/Conceptual System:
Prepare Return Slip
Prepare Credit Memo
Update Sales Journal
Update Inventory And Ar Records.
UPDATE GENERAL LEDGER
Sales Return Procedures/ Conceptual System:
Record And Deposit Checks
Update Accounts Receivable.
Update General Ledger.
MIDTERM REVIEWER
EXAM WITH 100%
CORRECT ANSWERS
2024
sales order procedures,
sales return procedures
cash receipts procedures
revenue cycle includes:
Receive Order
Check Credit
Pick Goods
Ship Goods
Bill Customer
Update Inventory Records
Update Accounts Receivable
Post to General Ledger
Sales Order Procedures/Conceptual System:
Prepare Return Slip
Prepare Credit Memo
Update Sales Journal
Update Inventory And Ar Records.
UPDATE GENERAL LEDGER
Sales Return Procedures/ Conceptual System:
Record And Deposit Checks
Update Accounts Receivable.
Update General Ledger.
