Question

A billing system that can be used when there is little or no delay between the receipt of the customer order and the shipment of the goods is a:

a. post-billing system
b. open-item system
c. balance-forward system
d. pre-billing system

Answer 1

The billing system suitable for situations with minimal delay between the order receipt and goods shipment is a pre-billing system, which facilitates immediate invoicing and payment processing.

Step-by-step explanation:

A billing system that can be used when there is little or no delay between the receipt of the customer order and the shipment of the goods is a pre-billing system.

This type of system allows a company to issue invoices and collect payments in advance of or at the time of delivery, rather than after the fact. It is particularly useful for transactions that happen quickly and where immediate payment is required, such as in the case of online purchases or services rendered immediately.

A billing system that can be used when there is little or no delay between the receipt of the customer order and the shipment of the goods is a pre-billing system.

In a pre-billing system, the customer is billed before the goods are shipped. This allows for immediate billing and reduces the delay in receiving payment for the goods.