AIS255
Revenue Cycle
Case Study
Example 1
Tiara Designs Enterprise is a small trader of women’s casual-wear jewelry, including
bracelets, necklaces, earrings and other moderately priced accessory items. Most of their
products are made of silver, various low-cost stones, beads and other decorative jewelry
pieces.
Personnel responsible for selling all jewelry items for Tiara Designs, Mr. Suhaimi receives
orders directly with customers who interested in their products through Internet Web sites.
The company provide pictures of all jewelry components on the Web sites, along with pricing
and other sales-term condition.
Tiara Designs who has a valid business license sells the products at wholesale, rather than
retail prices. The orders are received online and paid by customer for those goods
immediately by using a valid credit card or debit card.