Which of the following is an example of a turnaround document?
A)balance sheet
B)sales order
C)remittance advice
D)payslip

Question

Quizplus · Accepted Answer

A turnaround document is a document that is generated by a computer system and then returned to the computer system for processing. Remittance advice is an example of a turnaround document as it is generated by the payer and then returned to the payee's computer system to apply the payment to the appropriate account. Balance sheet, sales order, and payslip are not examples of turnaround documents.

Which of the Following Is an Example of a Turnaround