Multiple Choice
An example of electronic funds transfer is
A) a transfer of funds without the use of paper cheques.
B) a transfer of funds by writing a cheque.
C) the same as a deposit in transit.
D) All of these are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q96: Cheques that have been processed by the
Q97: When a bank debits your account, it
Q98: When a company sets up a change
Q99: Prepare journal entries for the following petty
Q100: From the bank reconciliation no entry was
Q102: Construct the bank reconciliation for Evitus Company
Q103: Compute the adjusted bank balance on May
Q104: The drawer writes the cheque.
Q105: An error in recording a $51 deposit
Q106: Outstanding cheques<br>A) have been subtracted on the