Which of the following describes documents that accompany customer payments to help the clerk identify the payments?
A)Receipts such as register tapes.
B)Accommodation certificates such as authenticated customer tokens.
C)Turnaround documents such as remittance advices.
D)Checks stamped with restrictive endorsements such as customer signatures.

Question

Quizplus · Accepted Answer

Remittance advices are documents accompanying customer payments that provide information on which invoices or accounts the payment is intended for, helping the clerk identify and apply the payment correctly. Receipts, accommodation certificates and restrictive endorsements also serve different functions and do not necessarily provide the same identifying information as remittance advices.

Which of the Following Describes Documents That Accompany Customer Payments