Solved

The ______________________________ Network Is One of the Earliest and Most

Question 105

Short Answer

The ______________________________ network is one of the earliest and most prominent methods for EFT in which the collector's bank account is credited and the payer's bank account is debited for the amount of a payment.

Correct Answer:

verifed

Verified

automated clearing h...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q100: Inputs to the B/AR/CR process normally could

Q101: In an organization in which the OE/S

Q102: The ACH network electronically transfers funds by

Q103: Forced vacations is the only control procedure

Q104: Which of the following is most commonly

Q106: A(n) _ is a form of payment

Q107: The credit department uses accounts receivable master

Q108: Recording B/AR/CR event data is generally the

Q109: Electronic bill presentment and payment (EBPP) systems

Q110: The three types of accounts receivable systems