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LIVE Question 5 1 pts The general ledger contains summary-level data for every account of the organization. Simplifies the process of recording large numbers of
LIVE Question 5 1 pts The general ledger contains summary-level data for every account of the organization. Simplifies the process of recording large numbers of repetitive transactions. is used to record infrequent or non-routine transactions records all detailed data for any general ledger account that has individual sub-accounts. Question 6 1 pts Question 1 pts Nice Lawn Sales Narrative Nice Lawn sells lawn ornaments online to other businesses. Nice Lawn customers place an online order. Nice Lawn processes the customer order by verifying with the accounting department that the customer's credit is in good standing with the company (the customer's account is paid on time). The items are verified for availability. Shipping is authorized. The warehouse packages the items and sends them to the customer. The warehouse notifies the accounting department the items were shipped. An invoice is generated from the sales information and emailed to the customer. What are the major activities in the Nice Lawn Sales Narrative? Verify customer's credit, Verify item availability. Update the database tables, Generate invoice Process customer order, Authorize shipping. Package items, Ship items, Generate invoice Verify customer's credit Authorize shipping. Verify item avaliability, Generate invoice No Receive customer's order, Verify customer's credit, Ship items, Notify Accounting items shipped, Generate invoice. Update database tables
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