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    Principles of Financial Accounting Study Set 1
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    Exam 7: Internal Control and Cash
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    Electronic Funds Transfers Are Used to
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Electronic Funds Transfers Are Used to

Question 37

Question 37

Multiple Choice

Electronic Funds Transfers are used to


A) reduce the risk of lost or stolen cheques.
B) reduce the cost of making payments by cheque.
C) used to make payroll payments to employees.
D) all of the above.

Correct Answer:

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