Which of the following is an action that follows the shipment notification to a customer in the revenue process of a merchandising or manufacturing organization?

Question

Quizplus · Accepted Answer

Updating the inventory master file is the action that follows the shipment notification to a customer. This is necessary to reflect the decrease in inventory levels due to the sale. Option A is incorrect because the creation of a sales transaction file record occurs when the sales order is accepted, not when the shipment notification is sent to the customer. Option B is incorrect because the closing of the open purchase order file record has no direct relation to the revenue process. Option D is incorrect because the creation of the vendor receipt file is related to the purchase process, not the revenue process.

Which of the Following Is an Action That Follows the Shipment