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Below Is the Narrative for the "Receive Payment" Portion of the B/AR/CR

question 106

Essay

Below is the narrative for the "Receive payment" portion of the B/AR/CR process.
Narrative Description
The payment and remittance advice data triggers the receive payment process.Upon receipt of the payment and RA from the bank,process 3.1 first validates the remittance by comparing the payment to the RA.Mismatches are rejected for later processing.If the payment and RA agree,the validated remittance is sent to process 3.2,which uses the RA to update the accounts receivable master data to reflect the customer's payment and records the collection in the cash receipts events data,and notifies the general ledger process of the amount of the cash deposited.This is an immediate update of the GL for a single cash receipt.
Required:
From the DFD in TB Figure 11.7 and the narrative description above,explode bubble 3.0 into a lower-level diagram showing the details of that process. Below is the narrative for the  Receive payment  portion of the B/AR/CR process. Narrative Description The payment and remittance advice data triggers the receive payment process.Upon receipt of the payment and RA from the bank,process 3.1 first validates the remittance by comparing the payment to the RA.Mismatches are rejected for later processing.If the payment and RA agree,the validated remittance is sent to process 3.2,which uses the RA to update the accounts receivable master data to reflect the customer's payment and records the collection in the cash receipts events data,and notifies the general ledger process of the amount of the cash deposited.This is an immediate update of the GL for a single cash receipt. Required: From the DFD in TB Figure 11.7 and the narrative description above,explode bubble 3.0 into a lower-level diagram showing the details of that process.


Definitions:

Mastery Self-talk

The practice of using positive internal dialogue to enhance self-confidence and performance, especially in challenging situations.

Catastrophizing

An irrational thought process leading one to believe that something is far worse than it actually is, often resulting in increased anxiety or worry.

Discounting Positives

A cognitive bias where individuals disregard or minimize positive information, experiences, or attributes about themselves.

Repeated Role-play

The continuous practice of acting out roles in a controlled setting to improve skills, behaviors, or emotional responses.

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