An Advance Shipping Notice (ASN) Is a Document That Tells

question 45

True/False

An advance shipping notice (ASN) is a document that tells the DC what specifically is being shipped and when it will be delivered.

---

Definitions:

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury.

Stockholders' Equity

The value remaining in a company after liabilities are deducted from total assets; also known as shareholder's equity.

Paid-in Capital

Refers to the funds raised by a company through the issuance of shares. This capital is provided by shareholders in exchange for equity in the company.

Preferred Stock

Preferred stock is a type of stock that grants holders certain priorities over common stock, including dividends and asset liquidation, often without voting rights.