
Which ONE of the following is an objective of the sales “ordering” part of the sales system?
Select ONE answer:
- Sales are ONLY made to credit worthy customers
- Goods are correctly invoiced
- Cut-off is correct
- Orders CANNOT be fulfilled
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 1
- Correct – Correct invoicing is an objective of the invoicing stage of the sales system. Cut-off affects the recording stage of the sales cycle.
- Not correct
- Not correct
- Not correct

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