What does an Advance Shipping Notice (ASN) typically indicate?

Study for the WGU ACCT3340 D215 Auditing Exam. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

An Advance Shipping Notice (ASN) primarily serves as a notification that goods have been shipped and typically includes details such as the contents of the shipment, quantities, and other relevant information that assists the receiving party in preparing for the arrival of those goods. The ASN provides a way to manage inventory effectively and helps in streamlining the receiving process by ensuring that the appropriate personnel are ready to check in the shipment and verify that it matches what was ordered.

By incorporating details about the goods, such as item descriptions, quantities, and possibly even tracking information, an ASN improves accuracy and reduces potential discrepancies between what was shipped and what was ordered. This comprehensive communication enhances supply chain efficiency and allows for better logistics planning and inventory management. Thus, the correct answer reflects the comprehensive nature of the information contained in an ASN, focusing on both the shipment of goods and relevant data that ensures the receiving party is well-informed.

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