A customer entered the wrong account number on the memo line of the check mailed to the
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A customer entered the wrong account number on the memo line of the check mailed to the company. Consequently, another customer’s account was credited for that payment.
The most effective way to prevent such problems would be to use .
a. turnaround documents
b. a validity check of customer account numbers
c. closed loop verification
d. check digit verification of customer account numbers
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Related Book For 
Accounting Information Systems
ISBN: 9781292220086
14th Global Edition
Authors: Marshall B. Romney, Paul John Steinbart
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