The Document a Customer Returns with Their Payment and That

question 101

Multiple Choice

The document a customer returns with their payment and that identifies the source and the amount of the payment is called a

• A)remittance advice.
• B)remittance list.
• C)credit memorandum.
• D)debit memorandum.

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Definitions:

Material Requirements Planning

A system for effectively managing manufacturing processes by calculating the materials and components needed to produce a product.

Timetable

A schedule showing the times at which particular events or activities are intended to happen or take place.

Master Schedule

An outline that details the what, when, and how much for the production of products to meet demand.

What to Be Made

A decision-making process concerning the products or goods a company decides to produce or manufacture.