Which Accounting Data Standard Identifies Product Master Data,location Data,inventory on Hand

question 33

Multiple Choice

Which Accounting Data Standard identifies product master data,location data,inventory on hand data,and inventory movement?

• A) Base Standard
• B) General Ledger Standards
• C) Procure to Pay Subledger Standard
• D) Inventory Subledger Standard

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Definitions:

Price/Earnings Ratio

A valuation metric measuring a company's current share price relative to its per-share earnings, used to evaluate if a stock is over or under-valued.

Net Income

The profit of a company after all operating expenses, taxes, and interest are subtracted from total revenue.

Quality of Income Ratio

A financial metric that assesses the ability of a company to translate its earnings into cash, providing insight into financial health and operational efficiency.