Asked by frida escarcega on Apr 27, 2024
Verified
An outsourced billing service does not _____ statements.
A) print
B) mail
C) create
D) sort
Outsourced Billing
The practice of hiring a third-party company to handle billing and invoicing functions.
Create Statements
The process of generating written or printed summaries of transactions or positions, typically for financial accounts.
- Understand the role and limitations of outsourced billing services in statement management.
Verified Answer
TM
Torii MendozaApr 29, 2024
Final Answer :
C
Explanation :
An outsourced billing service is typically responsible for creating, printing, mailing, and sometimes even sorting statements, but the creation of the statements (the content and format) is usually done by the client or using the client's specifications.
Learning Objectives
- Understand the role and limitations of outsourced billing services in statement management.
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