What Is a Remittance Advice

question 36

Multiple Choice

What is a remittance advice?

• A)A document prepared by the bank showing the details of electronic funds transfers received by the bank from customers
• B)A receipt from the bank showing the total amount deposited to the client's account at the bank
• C)A document received from the customer showing the details of payments made by the customer
• D)A daily report showing cash recorded in the cash receipts journal identifying customers making payments on account and the amounts received

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Definitions:

Matching Law

A principle that states the proportion of responses allocated to a particular option matches the proportion of reinforcements obtained from that option.

Schedules of Reinforcement

The rules or plans for determining when and how often reinforcements, like rewards or punishments, are given in behavior conditioning processes.

Access

The right or opportunity to use or benefit from something, such as services, data, or resources.

Two-Factor Theory

A psychological theory proposing that human emotions result from a combination of a state of physiological arousal and a cognitive interpretation of that arousal.