Which of the following is a report sent to each customer showing the beginning receivable balance, transactions during the month, and the ending receivable balance?
A)Monthly statement of receivable balances
B)Sales invoice
C)Sales cycle database
D)Customer master file

Question

Quizplus · Accepted Answer

A monthly statement of receivable balances is a report sent to each customer showing the beginning receivable balance, transactions during the month, and the ending receivable balance. Sales invoices are sent to customers for individual sales transactions, the sales cycle database is an internal record-keeping system, and the customer master file is a database containing information about each customer but does not show specific transactions or balances.

Which of the Following Is a Report Sent to Each