Question: In an evaluated receipts settlement system, an advance shipping notice is: a. An electronic contract outlining the general terms for ordering, shipping, and paying for

In an evaluated receipts settlement system, an advance shipping notice is: 

a. An electronic contract outlining the general terms for ordering, shipping, and paying for goods. 

b. Similar to a sales order and indicates the goods to be shipped, prices, and other information (e.g., freight costs or taxes) and the sales transaction. 

c. Equivalent to a bill of lading. 

d. Equivalent to a packing slip.

Step by Step Solution

3.33 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

B Similar to a sales order an... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Auditing A Practical Approach Questions!