Which Electronic Files Are Either Read or Updated When Goods

question 85

Multiple Choice

Which electronic files are either read or updated when goods are ordered from a vendor?

• A)inventory,vendors,and accounts payable
• B)vendors and accounts payable
• C)inventory,vendors,and open purchase orders
• D)open purchase orders and accounts payable

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Definitions:

Pricing Decisions

Pricing decisions involve determining the price at which a product or service will be offered to the market, taking into account costs, competition, and demand.

Finished Goods Inventory

Completed products that are ready for sale but have not yet been sold.

Job Cost Sheets

Detailed records that document the costs associated with a specific job or project, including materials, labor, and overhead.

Specialized Equipment

Equipment that is designed for a specific industry or task, often requiring unique skills or knowledge to operate.