If Invoices Are Processed in Groups of Fifty,which Fields from the Document

question 46

Multiple Choice

If invoices are processed in groups of fifty,which fields from the document shown below would not be used to create a hash control total?

• A)Amount.
• B)Item Number.
• C)Quantity Ordered.
• D)Sales Order number.

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Definitions:

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company.

Accounts Receivable Period

measures the average number of days it takes a company to collect payment after a sale has been made, indicating the efficiency of its credit policies.

Cost of Goods Sold

Represents the total cost directly tied to the production or acquisition of the goods sold by a company during a specific period.