When a Customer Places an Order (On Account)for a Certain

question 96

Multiple Choice

When a customer places an order (on account) for a certain product,what should be done before the order is checked for inventory availability?

• A)The customer's available credit should be checked.
• B)The sales order should be created and written to a file.
• C)Shipping should be notified of an order in process.
• D)A picking list should be generated for the warehouse.

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Definitions:

Financial Statement Analysis

The examination of financial statements in order to assess a business's performance and to make decisions about the future.