A status code is:
A)A code used to show the credit level of a customer.
B)A code on transactions that are moving through an iteration of a process indicating which stage of the process the transaction is at.
C)A code used to flag whether the goods are shipped.
D)Not accessible by the customer.

Question

Quizplus · Accepted Answer

A status code is a code used to indicate which stage of a process a transaction is at. It is commonly used in business processes to track the progress of a transaction, such as an order or a payment. The status code is updated as the transaction moves through each stage of the process, enabling stakeholders to track and monitor its progress. Options A, C, and D are incorrect as they do not accurately describe a status code.

A Status Code Is