Multiple Choice
Most of the secretaries at Bingham Insurance Company like to see their paychecks, but not Cynthia Woodward. She signed a special form giving the company permission to transfer her salary directly to her bank account. Companies like Bingham are able to do this through
A) electronic teller machines.
B) automated clearinghouses.
C) automated teller machines.
D) point-of sale terminals.
E) bill payments by telephone.
Correct Answer:

Verified
Correct Answer:
Verified
Q111: One method the Federal Reserve System uses
Q112: What are the primary functions of the
Q113: When you make a purchase with a
Q114: The typical dollar bill has an expected
Q115: A loan that is approved before the
Q117: Thad deposits $2,000 in an interest-bearing savings
Q118: In order to meet its reserve requirement,
Q119: The United States trades a shipment of
Q120: Businesses generally use short-term loans to obtain
Q121: The federal funds rate is the interest