Over 80 Percent of All Merchants Use the Manual Review

question 57

True/False

Over 80 percent of all merchants use the manual review method,which relies on staff to manually review suspicious orders.

---

Definitions:

Accounts Receivable

Funds that are yet to be paid by customers for the products or services they have received from a business.

Credit Sales

Credit Sales are sales made on credit, where the payment is received after the sale has been made, effectively extending a line of credit to the customer.

Note Receivable

A written promise for amounts to be received by a debtor, typically including interest, representing a credit instrument to the holder.

Specified Amount

A certain, defined quantity or sum mentioned in a financial document or agreement.