BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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batching out
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batch reporting
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sales discounting
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terminal summary
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Detailed explanation-1: -terminal summary. The report that summarizes the cash and credit card sales of a point-of-sale terminal. A terminal summary is also known as a Z tape.
Detailed explanation-2: -Credit Card Sales means any payment obligation resulting from purchases by an Obligor of merchandise, goods or services from any Originator using a website maintained by or on behalf of such Originator using a credit or debit card and settling within five Business Days of purchase. Save.
Detailed explanation-3: -A terminal summary is a report that details the information related to the cash and credit card sales which are maintained by the point of sale terminal. A point of sale terminal is a computer that collects, stores, and reports all the information related to the sales transactions.