Question

The ________ begins with sales representatives and dealers sending orders to the firms and is followed by the sales department preparing invoices, and finally generating shipping and billing documents which are then sent to various departments.

a) payroll system
b) market research process
c) human resources system
d) expense cycle
e) order-to-payment cycle

Answer 1

Answer: Order-to-payment cycle.

Step-by-step explanation:

The step by step stages being illustrated in the question describes the stages followed when a purchase is being made, it starts from the buyer showing intent to buy a product, and goes through all the required purchase processes uptill when payment in made, this process is known as the order-to-payment cycle.