Consider the following statements as you answer the next question: i. Felix, a cash receipts clerk, applied Allison's payment to the invoices indicated on her remittance advice.ii. In purchasing books, Allison filled out a form on a bookstore's web site.iii. The bookstore's web site verified Allison's credit limit.iv. William, a warehouse worker, prepared Allison's books for shipment.Which of the following phrases relates most closely to the sixth step in the sales / collection process?
A)Applied Allison's payment to the invoices indicated
B)Filled out a form
C)Verified Allison's credit limit
D)None of the above phrases is related to the sixth step in the sales / collection process.

Question

Quizplus · Accepted Answer

The sixth step in the sales / collection process is applying the customer's payment to their account. This is described in statement i, "Felix, a cash receipts clerk, applied Allison's payment to the invoices indicated on her remittance advice." Therefore, option A is the best choice. Option B and C may relate to earlier steps in the process, but they do not directly relate to the sixth step. Option D is incorrect as statement i directly relates to the sixth step.

Consider the Following Statements as You Answer the Next Question