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A _________Is a Telegraphic Communication That, Via Bookkeeping Entries, Removes

Question 141

Multiple Choice

A _________is a telegraphic communication that, via bookkeeping entries, removes funds from the payer's bank and deposits them in an account of the payee's bank.


A) direct send
B) preauthorized check
C) depository transfer check
D) wire transfer

Correct Answer:

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