A remittance advice attached to a company check provides
A) details about the running cash balance in the checking account.
B) the magnetic bank routing numbers.
C) the explanation of the purpose of the check.
D) the signature space for the maker.

Question

Quizplus · Accepted Answer

A remittance advice attached to a company check provides an explanation of the purpose of the check, such as what it is for and who it is being paid to. It does not provide details about the running cash balance in the checking account, magnetic bank routing numbers, or a signature space for the maker.

A Remittance Advice Attached to a Company Check Provides