Match the term in the left column with its definition in the right column. 1. CRM system a. Document used to authorize reducing the balance in a customer account 2. Open-invoice method b. Process of dividing customer account master file into subsets and preparing invoices for one subset at a time 3. Credit memo c. System that integrates EFT and EDI information 4. Credit limit d. System that contains customer-related data organized in a manner to facilitate customer service, sales, and retention 5. Cycle billing e. Electronic transfer of funds 6. FEDI f. Method of maintaining accounts receivable that generates one payment for all sales made the previous month

Match the term in the left column with its definition in the right column. 1. CRM system a. Document used to authorize reducing the balance in a customer account 2. Open-invoice method b. Process of dividing customer account master file into subsets and preparing invoices for one subset at a time 3. Credit memo c. System that integrates EFT and EDI information 4. Credit limit d. System that contains customer-related data organized in a manner to facilitate customer service, sales, and retention 5. Cycle billing e. Electronic transfer of funds 6. FEDI f. Method of maintaining accounts receivable that generates one payment for all sales made the previous month

Pkg Acc Infor Systems MS VISIO CD

10th Edition

ISBN:9781133935940

Author:Ulric J. Gelinas

Publisher:Ulric J. Gelinas

Chapter7: Controlling Information Systems: Introduction To Enterprise Risk Management and Internal Control

Section: Chapter Questions

Problem 4P

See similar textbooks

Similar questions

Which of the following forms cannot be customized? Select one: A. Estimate B. Sales Receipt C. Credit memo D. Invoice
Sales ledger control Account is known to have a debit balance. Explain, using numerical example why at certain instances the account has both debit and credit balance brought down? Construct a Purchase Ledger Control Account, using your own numerical example, with five items? Briefly discuss the role of the control accounts in the identification of missing figures in the financial statements of organizations ?
Which one of the following documents is not needed to process a payment to a vendor? Group of answer choices 1.vendor invoice 2.packing slip 3.check request 4.purchase order
Which of the following types of transactions can be uploaded into QBO using the Receipt action. Select all that apply. Select one or more: a. Credit card receipts b. Bills c. Checks d. Invoices e. Deposits
The credit memoranda creates a(n) __ in the accounts receivable file of a customer. A. note decline (B) Transfer (C) D. Intensify.
Which files do you usually find in a sales order module versus an accounts receivable (customer) module? Why does this difference exist?
Compare and contrast a manual accounting system for processing customer transactions. Include an explanation of how the accounts receivable subsidiary ledger compares with the Customer Center.