Final answer:
The step involved in ensuring accurate remittance advice inputs is to compare the amount deposited to the amount in the remittance file. Additionally, regularly reconciling bank accounts and monitoring open accounts receivable contribute to the accuracy of remittance advice inputs. The correct option is d.
Step-by-step explanation:
The step involved in ensuring accurate remittance advice inputs is to compare the amount deposited to the amount in the remittance file (M-1). By comparing these two amounts, you can verify if they match, which ensures the accuracy of the remittance advice inputs. If there is a discrepancy, it indicates an error in the remittance advice input process.
In addition to comparing the amounts, it is also important to regularly reconcile bank accounts (M-3) to ensure that all the cash receipts are recorded correctly and the bank balances match the recorded balances. This helps identify any discrepancies and prevents errors from going unnoticed.
Lastly, monitoring open accounts receivable (M-4) is crucial. This involves keeping a close eye on the outstanding payments and following up with customers to ensure timely remittance. Monitoring open accounts receivable helps maintain accurate records and identify any issues or delays in receiving payments. The correct option is d.