accounting and information system

PROBLEMS 12.1 Match the term in the left column with its definition in the right column. 1. CRM system a. Document used to authorize reducing the balance in a customer account 2. Open-invoice method b. Process of dividing customer account master file into subsets and preparing invoices for one 3. Credit memo 4. Credit limit . Cycle billing subset at a time information organized in a manner to facilitate customer c. System that integrates EFT and EDI d. System that contains customer-related data service, sales, and retention e. Electronic transfer of funds 6. FEDI f. Method of maintaining accounts receivable that generates one payment for all sales made the previous month 125% CHAPTER 12 THE REVENUE CYCLE: SALES TO CASH COLLECTIONs 7. Remittance advice g. Method of maintaining customer accounts that generates payments for each individual sales transaction h. Maximum possible account balance for a i. Electronic invoicing j. Post Office box to which customers send k. Document used to indicate stockouts exist 1. Document used to establish responsibility for m. Document that authorizes removal of merchan- n. Tumaround document returned by customers 8 Lockbox customer 9. Back order 10. Picking ticket payments 11. Bill of lading shipping goods via a third party dise from inventory with payments