Which of the following statements is true?
A. In a pre-billing system, invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping's billing notification.
B. In a post-billing system, invoices are prepared upon acceptance of the customer order.
C. Of the two types of billing systems discussed in the text, the pre-billing system requires the more accurate inventory records.
D. Of the two types of billing systems discussed in the text, the pre-billing system is appropriate in situations where there is a significant delay between acceptance of the customer's order and the subsequent shipment.
Answer: C
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