At the Time That the Shipping Notice Is Prepared and Disseminated

question 115

Multiple Choice

At the time that the shipping notice is prepared and disseminated, two data stores within the OE/S process are normally updated. Those two data stores are the:

• A) customer master data and accounts receivable master data
• B) accounts receivable master data and sales order master data
• C) accounts receivable master data and marketing data
• D) sales order master data and inventory master data

---

Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period of time, indicating its profitability.

Debits

Entries on the left side of a double-entry accounting system that increase assets or expenses or decrease liabilities, equity, and income.

Credits

In accounting, credits refer to the side of an account that decreases assets or increases liabilities and equity.

Working Capital

The amount of a company's current assets minus its current liabilities, indicating the short-term liquidity position of the company.