The AR master file address is a postal address, maintained by the firm's bank, which is used solely for the purpose of collecting checks.
Correct Answer:
Verified
Q12: The acronym EFT stands for electronic funds
Q13: The sales event data store contains invoice
Q14: In a post-billing system, invoices are prepared
Q15: An invoice is a business document-either paper
Q16: Funds on deposit and available for use
Q18: In a pre-billing system, invoices are prepared
Q19: In an open-item accounts receivable system, customer
Q20: Recording B/AR/CR event data is generally the
Q21: The payment event data contains the details
Q22: The accounts receivable master data is created
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents