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    Accounting Information Systems Study Set 1
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    Exam 11: The Billingaccounts Receivablecash Receipts Barcr Process
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    A Credit Card Is a Form of Payment Authorizing the Collector
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A Credit Card Is a Form of Payment Authorizing the Collector

Question 116

Question 116

True/False

A credit card is a form of payment authorizing the collector to transfer funds electronically from the payer's bank account to the collector's bank account.

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