A flowchart outlines a company's order fulfillment process, starting with 'Order Received' and branching based on 'In Stock' status and 'Customer Account Type'. If an order is received, the item is 'In Stock', but the 'Customer Account Type' is 'New', what is the next step in the process, according to the flowchart?

The correct answer to the question "A flowchart outlines a company's order fulfillment process, starting with 'Order Received' and branching based on 'In Stock' status and 'Customer Account Type'. If an order is received, the item is 'In Stock', but the 'Customer Account Type' is 'New', what is the next step in the process, according to the flowchart?" is Option B: Verify Payment & Address.

The other options — A) Ship Item Directly, C) Place Item on Backorder, D) Escalate to Sales Manager — are incorrect for this GMAT Exam Prep question. As explained above: Following the flowchart's paths: Order Received -> In Stock (Yes) leads to a branch. For 'New' Customer Account Type, the path directs to 'Verify Payment & Address' before further processing.