Multiple Choice
A _______ is a credit to the customer account made to compensate the customer for a defective product or a late shipment.
A) Sales allowance
B) Refund check
C) Remittance advice
D) Credit memorandum
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q52: This document is prepared and sent to
Q53: The sales and cash collections process begins
Q54: This term refers to moving the current
Q55: Important characteristics of electronic data interchange (EDI)
Q56: The security of having cash receipts deposited
Q58: The terms of agreement between the company
Q59: Common types of independent checks within the
Q60: Common means of presenting the revenue and
Q61: Independent checks and reconciliations, related to cash
Q62: Immediately upon receiving checks from customers in