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    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 18: Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable
  5. Question
    It Is Possible to Use Electronic Data Interface (EDI) to Process
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It Is Possible to Use Electronic Data Interface (EDI) to Process

Question 76

Question 76

True/False

It is possible to use Electronic Data Interface (EDI) to process payments to vendors electronically using Electronic Funds Transfer (EFT) between the company's bank and the vendor's bank.

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