Match Seven of the Terms for Documents and Records (A-K)with

question 108

Multiple Choice

Match seven of the terms for documents and records (a-k) with the descriptions provided below (1-7) :

-A document indicating a reduction in the amount due from a customer because of returned goods or an allowance.

• A)customer order form
• B)sales order
• C)bill of lading
• D)sales invoice
• E)summary sales report
• F)accounts receivable master file
• G)monthly statement
• H)remittance advice
• I)prelisting of cash receipts
• J)credit memo
• K)uncollectible account authorization form

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Definitions:

Current Account

The section of a nation’s international balance of payments that records its exports and imports of goods and services, its net investment income, and its net transfers.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a specific period.

Devaluation

Government policy that lowers the nation’s exchange rate so that its currency is worth less than it had been relative to foreign currencies.

Currency

Coins and paper money that serve as a medium of exchange.