Chapter 8 - Chapter 8 1. Each of the following is an...

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Chapter 8 1. Each of the following is an instigation event in the revenue cycle, EXCEPT: A) Sales call B ) Advertising campaign C) Customer inquiry D)Shipment E ) All of the above are instigation events in the revenue cycle 2. What type of event is a customer order? A ) Instigation Event B ) Mutual Commitment Event C) Economic Decrement Event D ) Economic Increment Event E ) Economic Reversal Event 3. Which of the following is a document that identifies goods taken out of the warehouse and made available to be packed? A ) Picking slip B ) Packing slip C) Bill of Lading D) Sale invoice E ) Customer statement
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4. Which document indicates transfer of custody of goods from the enterprise to a common carrier? A) Picking slip B ) Sale return authorization C) Sale invoice D ) Customer statement E ) Bill of lading 5. In the revenue cycle, which of the following relationship(s) involve an economic decrement event? I. Duality II. Fulfillment III. Stockflow IV. Reversal
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Chapter 8 - Chapter 8 1. Each of the following is an...

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