Which Accounting Data Standard focuses on sales orders,accounts receivable,shipments,invoices,cash receipts and adjustments to accounts?
A) General Ledger Standards
B) Order to Cash Subledger
C) Procure to Pay Subledger Standard
D) Inventory Subledger Standard

Question

Quizplus · Accepted Answer

The Order to Cash Subledger Standard focuses specifically on sales orders, accounts receivable, shipments, invoices, cash receipts, and adjustments to accounts. The other standards listed focus on different aspects of accounting data such as general ledger entries, inventory management, and procurement processes.

Which Accounting Data Standard Focuses on Sales Orders,accounts Receivable,shipments,invoices,cash Receipts