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Q: Which task are available for cardholder in the account appoval process?
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Continue Learning about Accounting

Which role is responsible for starting the cardholder account issuance process by clicking the request new cardholder account button under the cardholder account tab in aim?

Approval/Billing Official (A/BO) Supervisor


How does processing of credit cards work?

A credit card is a payment card. It allows the cardholder to pay for goods and services based on the holders promise to pay for them. The cardholder submits their card for payment, the card is accepted digitally for payment and the transaction is completed. The customer leaves with goods or services and then the credit card issuer will process the payment and forward a statement usually once a month to the cardholder.


What is the acounting process?

accounting process is a system account


What is the process by which banks record whose account gives up money and whose account receives money?

Check clearing is the process that banks utilize to record the account that the money originates from as well as the account the money is received at.


What is the work in process account used in job costing?

The work in process account acts like a holding account for the costs of products while they are in the process of being built or assembled. So, as pieces are added or labor is used to create a product, those costs are added to the work in process account. The work in process account is an asset on the balance sheet. The purpose of the work in process account is to comply the accounting principle of matching expenses with revenues. If the work in process account was not used the cost of components and direct labor would be expensed in one financial period and the sales revenue could possibly be recognized in a different period. That could be misleading to potential investors or creditors.

Related questions

Which role is responsible for starting the cardholder account issuance process by clicking the request new cardholder account button under the cardholder account tab in aim?

Approval/Billing Official (A/BO) Supervisor


What is the last step of the GPC Program process flow?

the ch obtains required approvals


Which tasks are available for cardholders in account approval process?

The tasks vary by organization and may include transaction approval and or statement approval.


Which task are available for cardholders in the account approved process?

The tasks vary by organization and may include transaction approval and or statement approval.


Which tasks are available for cardholders int the account approval process?

if you wanted to have different order and transaction automatch criteria for different departments, what would you do?


How does processing of credit cards work?

A credit card is a payment card. It allows the cardholder to pay for goods and services based on the holders promise to pay for them. The cardholder submits their card for payment, the card is accepted digitally for payment and the transaction is completed. The customer leaves with goods or services and then the credit card issuer will process the payment and forward a statement usually once a month to the cardholder.


What is an address verification service?

An address verification service is the process of validating a cardholder's address against the issuer's records, to determine accuracy and deter fraud.


What is the acounting process?

accounting process is a system account


What are the two types of account data needed to process a payment?

Vendor Account, Bank Account


What is food management?

Food management is the process of ensuring that patients and students have food available to them. Food management in hospitals must take into account nutritional requirements for each patient.


What is the process by which banks record whose account gives up money and whose account receives money?

Check clearing is the process that banks utilize to record the account that the money originates from as well as the account the money is received at.


What is the work in process account used in job costing?

The work in process account acts like a holding account for the costs of products while they are in the process of being built or assembled. So, as pieces are added or labor is used to create a product, those costs are added to the work in process account. The work in process account is an asset on the balance sheet. The purpose of the work in process account is to comply the accounting principle of matching expenses with revenues. If the work in process account was not used the cost of components and direct labor would be expensed in one financial period and the sales revenue could possibly be recognized in a different period. That could be misleading to potential investors or creditors.