Question

The Sales and Accounts Receivable Subsystem deals with

• A. The recording of Sales, maintaining of Sales Ledger and Recievables
• B. The preparation of Budget for the coming financial year
• C. The preparation of Profit and Loss Account, Balance Sheet, Cash Flow Statement
• D. The purchase and payment to creditors

Answer 1

The Correct Option is A

This subsystem focuses on the recording of sales, maintenance of Sales Ledger, and Receivables management.
Hence, the correct answer is Option 1.