Business Studies, asked by Venkatesh5185, 1 year ago

How does accounts receivable differ from the revenue cycle?

Answers

Answered by Anonymous
0

Hey mate ☺️

Accounts receivable comes to play when a provider or insurer receives a service or services and it is recorded but have not been paid yet. A revenue cycle is "a multi-disciplined effort to reduce the amount in accounts receivable by managing both the production cycle and payment cycle."

I Hope it helps you ☺️ ✌️ ✌️

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