The Notification Accompanying a Check That Indicates the Specific Invoice

question 19

Multiple Choice

The notification accompanying a check that indicates the specific invoice being paid is called a

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

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Definitions:

WEBS

Exchange-traded funds that track international stock market indices, allowing investors to diversify their portfolios globally.

Derivative Securities

Financial instruments whose value is derived from the value of other, underlying assets.

Nikkei Stock Index

A stock market index for the Tokyo Stock Exchange, representing the performance of 225 top-rated companies listed in Japan.

FTSE Indexes

FTSE Indexes are a series of stock market indices developed by the Financial Times Stock Exchange Group, which include benchmarks for UK and global equities markets.