The Customer Typically Explains the Purpose of the Payment Using

question 37

Multiple Choice

The customer typically explains the purpose of the payment using a(n) :

• A) remittance advice.
• B) invoice.
• C) purchase order.
• D) check.

---

Definitions:

Articles Of Incorporation

A method of incorporating based on a US approach and used in some jurisdictions in Canada.

Memorandum

A written document that communicates information, policies, or decisions within an organization or between entities.

Lift The Corporate Veil

A legal action to treat the rights or liabilities of a corporation as the rights or liabilities of its shareholders or directors.

Pre-Emptive Rights

Rights granted to existing shareholders to purchase additional shares before the company offers them to the public, to maintain their percentage of ownership.