Which of the 2 process is correct or generally acceptable process in the revenue cycle?

S1: A copy of the sales order must be sent to the sales department for approval.

S2: The warehouse clerk is the authorized personnel to pick up products from the warehouse shelf

a. None

b. Both statements

c. Statement 2

d. Statement 1

Which of these is not a true statement relating to manual and electronic accounting systems?

Large businesses integrate their accounting software with their overall computerised information system.

The accounting principles underlying manual and electronic systems are fundamentally different.

Most entities today use computerised accounting systems.

Computerised systems normally provide more reports, providing greater information to users, than manual systems.