When they are sent to a customer and returned with the payment, remittance advices are examples of:
A) batch control totals
B) computer-prepared documents
C) written approval controls
D) turnaround documents

Question

Quizplus · Accepted Answer

Remittance advices are sent to customers as a request for payment, and when the payment is received, they are returned along with the payment. These returned remittance advices serve as turnaround documents, as they are sent back to the originating company with updated information.

When They Are Sent to a Customer and Returned with the Payment