When Using an ES,the Person Responsible for Preparing Shipments Can

question 7

Multiple Choice

When using an ES,the person responsible for preparing shipments can retrieve a list of orders that need to be shipped.Such a list is called:

• A)billing due list
• B)delivery due list
• C)order due list
• D)customer order list

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Definitions:

Gross Profit

The financial gain obtained after subtracting the cost of goods sold from total revenue, indicating the efficiency of a company in managing its production and labor costs.

Net Sales

The amount of sales revenue remaining after deducting returns, allowances, and discounts from total sales.

Cost Of Goods Sold

Cost of goods sold (COGS) is the direct cost attributable to the production of the goods sold by a company, including the cost of materials and labor.

Gross Profit

The financial gain a company achieves after subtracting the cost of goods sold from its total revenue.