Question
Student O is looking at her tuition fee account and realises that while she paid her fees a month ago, before the due date. She checks and sees that the amount was not debited from her account. Then she calls the tuition fees department, and they tell her that it seems like her payment went into a suspense account. Why did Student O’s payment go into the suspense account?
Student O misinterpreted their tuition fee account.
Student O did not communicate with her funder.
Student O made use of incorrect banking details and/or reference.
Student O missed the relevant payment date.
Student O misinterpreted their tuition fee account.
Student O did not communicate with her funder.
Student O made use of incorrect banking details and/or reference.
Student O missed the relevant payment date.
Answers
GPT-4o mini
Student O's payment went into the suspense account because she made use of incorrect banking details and/or reference. A suspense account is typically used to hold transactions that cannot be properly identified or allocated due to inaccuracies or insufficient information, such as incorrect payment references or banking details.