Small organizations with fewer resources will need to separate RAs, but larger and better equipped organizations have streamline

Question

JulsSmile [24]

3 years ago

11

Small organizations with fewer resources will need to separate RAs, but larger and better equipped organizations have streamline

d the process so that only one RA is needed for all their systems.
a. True
b. False

Business

1 answer:

gtnhenbr [62] · Answer 1 · 2022-01-26T00:10:59+03:00

Answer:FALSE

Explanation: Large Organisations have several Revenue channels,so they have multiple streams of income,this streams of income can not be channelled through one path,but will have to follow different channels or Revenue accounts.

In small Organisations like the Sole proprietorship,their is only one or limited source of income,hence the income/revenue is regulated through one account which can be the account of the owner of the Business.