Explain Why a Three-Way Match May Not Be Required for Transactions

question 22

Essay

Explain why a three-way match may not be required for transactions covered by a trading partner agreement.

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Definitions:

Packing Slip

A document included with a shipment that lists the contents and sometimes the order details, used for verifying receipt of goods.

Receiving Department

The area in a business where goods and materials are received from suppliers and checked for quality and quantity.

Receiving Process

The sequence of actions taken to accept goods into a storage facility, including inspection, documentation, and stocking.

Bill of Lading

A legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of the goods being carried.