What does a completed business status indicate about an order?

Master the GFEBS Order Management and Execution Test. Utilize flashcards and multiple-choice questions with hints and explanations to prepare thoroughly. Excel in your exam!

A completed business status indicates that an order has gone through all necessary processes and approvals, meaning it has reached its final state. At this point, the order is considered finalized, and it should not be altered any further. This status is important in order management as it signifies that all necessary actions and checks have been performed, ensuring that the order can be safely closed and moved into a completed state.

In contrast, the other answer choices reflect stages or statuses that involve more actions: requiring further approvals or being open for modifications suggest that the order is still in progress and not yet finalized, while awaiting final review indicates that a conclusion has not yet been reached. Thus, the essence of a completed business status is about the order being fully resolved and no further changes being acceptable.

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