Which of the following is a valid status code that can be found on the Sales Report List Screen in IAR?

The status code "C. O (Out of Period)" is a valid designation that indicates a transaction is outside the specified reporting period. This status is critical for travel agencies and ARC reporting as it helps identify sales records that may not be submitted within the correct timeframe for processing or reconciliation. When a transaction is marked as "Out of Period", it typically suggests that further action or correction may be necessary to ensure that all sales are accurately reported and accounted for within the appropriate periods.

Understanding valid status codes like "Out of Period" is essential for proper record-keeping and compliance with ARC procedures, allowing agencies to maintain the integrity of their sales reporting. Other codes such as "Refund Error," "Base Fare Error," and "In Period" may also exist but do not apply as valid status codes in this specific context of the Sales Report List Screen in IAR.