O-LevelCommerceFinance7100/12 · Oct/Nov 2020 · Q121 Mark
What is not a characteristic of a credit note?
AIt is issued when the buyer has been undercharged.
BIt is used when a buyer has returned damaged goods.
CIt is usually printed in red or pink.
DIt will be itemised on the statement of account.
✓ Correct answer
A: It is issued when the buyer has been undercharged.
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