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    Business
  3. Study Set
    Financial Accounting Study Set 1
  4. Exam
    Exam 5: Fraud,Internal Control,and Cash
  5. Question
    A Remittance Advice
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A Remittance Advice

Question 2

Question 2

Multiple Choice

A remittance advice:


A) explains the purpose of a customer's payment.
B) ensures cash sales are properly recorded in the accounting records.
C) enhances the safe deposit of cash in the bank.
D) reduces the risk of cash-handling errors.

Correct Answer:

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