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answers for accounting information systems (AIS) please Question One Presented below is a list of terms relating to accounting information systems, followed by definitions of
answers for accounting information systems (AIS) please
Question One Presented below is a list of terms relating to accounting information systems, followed by definitions of these terms. Required: Match the letter next to each definition with the appropriate term. Each answer will be used only once. 1. Imprest techniques 2. Factoring 3. Blanket order 4. Customer audit 5. Cycle billing 6. Professional shoppers 7. Lock-box deposit system 8. Bill 9. Shipping advice 10. Quotation A. A single order which calls for several shipments to the same customer over a specific period of time B. The selling of accounts receivable at a discount to a collection agency C. People hired to purchase goods in a retail environment for the specific purpose of observing the recording of transactions. D. A synoym for "goods issue notice" E. The processing of accounts receivable, subdivided by alphabetical or account number in order to distribute the preparation of statement over the working days of the month. F. A control technique in which an item is held accountable to a specified total amount G. A procedure in which the customer acts as a control over the initial documentation of a transaction H. A document sent to a potential customer to inform of product prices, availability, and delivery information I. Customer remittance are sent directly to.a bank and are credited to a company's account before they are posted to customer accounts J. Another name for an invoiceStep by Step Solution
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