Question $21$

A vendor is using advanced shipping notices $($ASNs$)$ to notify customers. The customers are

likely using which of the following approaches to liability recognition?

A$.$ Two$-$way matching

B$.$ Three$-$way matching

C$.$ Specific authorization

D$.$ Voucher system

E$.$ Advance shipping notice use is compatible with all of the above.

Question $22$

Which of the following provides a means to improve the efficiency of processing customer

payments and also enhances control over the receipt of payments?

A$.$ CRM $($Customer Relationship Management$)$

B$.$ Lockboxes

C$.$ EDI

D$.$ Specific Invoicing

E$.$ None of the above