Which of the following is a correct statement regarding the shipment of goods?
A) The shipping document must be in paper form.
B) The shipping document is used to update the perpetual inventory records.
C) Only one copy of the shipping document is needed.
D) All of the above are correct statements.

Question

Quizplus · Accepted Answer

Option A is incorrect because many companies now use electronic shipping documents. Option B is correct because the shipping document is used to update the perpetual inventory records by reducing the quantity of the items that have been shipped. Option C is incorrect because multiple copies may be required for different parties involved in the shipment process.

Which of the Following Is a Correct Statement Regarding the Shipment