A Customer Failed to Include Her Account Number on Her

question 66

Multiple Choice

A customer failed to include her account number on her check,and the accounts receivable clerk credited her payment to a different customer with the same last name.Which control could have been used to most effectively to prevent this error?

• A) closed-loop verification
• B) duplicate values check
• C) validity check
• D) reconciliation of a batch control total

Identify the protections and priorities assigned to different types of creditors in bankruptcy.

Understand the goals and underlying principles of bankruptcy laws and their practical application.

Calculate present and future values using compound interest formulas.

Solve basic financial mathematics equations involving percentages and interest rates.

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