Multiple choice technology packaged enterprise solutions

The three steps in Auto Lockbox in sequence are

  1. A. Validation, Import, Post QuickCash

  2. B. Import, Validation, Post QuickCash

  3. C. Post QuickCash, Import, Validation

  4. D. Any of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

AutoLockbox processes receipts in three sequential steps: Import (loading bank transmission data into interface tables), Validation (validating data and ensuring customers are correctly matched), and Post QuickCash (applying validated receipts to customer transactions). Changing this order is incorrect as validation must follow import and precede final posting.

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