When adjusting for a residual value in IAR, what is the purpose?

When adjusting for a residual value in IAR, what is the purpose?

• A. To apply a tax adjustment.
• B. To adjust for a currency conversion.
• C. To correct an error in the fare calculation.
• D. To accommodate residual value for an exchange not returned to client and not issued on MCO.

Answer: (D)

Recording the remaining value from an original ticket when an exchange occurs but that residual isn’t returned to the passenger as an MCO. In IAR, this adjustment keeps the unspent value visible in the client’s accounting so it can be used on future travel or refunded later, ensuring the client’s value isn’t lost and the records stay accurate. It’s not about taxes, currency conversions, or correcting a fare calculation—those are separate processes. The adjustment specifically preserves the residual value for an exchange not returned to the client and not issued on an MCO.

Recording the remaining value from an original ticket when an exchange occurs but that residual isn’t returned to the passenger as an MCO. In IAR, this adjustment keeps the unspent value visible in the client’s accounting so it can be used on future travel or refunded later, ensuring the client’s value isn’t lost and the records stay accurate. It’s not about taxes, currency conversions, or correcting a fare calculation—those are separate processes. The adjustment specifically preserves the residual value for an exchange not returned to the client and not issued on an MCO.