Which Accounting Data Standard identifies product master data,location data,inventory on hand data,and inventory movement?
A) Base Standard
B) General Ledger Standards
C) Procure to Pay Subledger Standard
D) Inventory Subledger Standard

Question

Quizplus · Accepted Answer

The Inventory Subledger Standard identifies product master data, location data, inventory on hand data, and inventory movement. The Base Standard provides a foundation for accounting data, the General Ledger Standards provide guidelines for organizing financial information, and the Procure to Pay Subledger Standard pertains to the accounts payable process.

Which Accounting Data Standard Identifies Product Master Data,location Data,inventory on Hand