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An Organisation Is Looking for a Way to Improve Their

Question 23

Multiple Choice

An organisation is looking for a way to improve their accounts payable process.Someone suggested that they continue to send out paper invoices but allow customers to pay through their bank website and phone banking.This is an example of:


A) Electronic bill presentment
B) Electronic bill presentment and payment
C) Electronic bill payment
D) Neither electronic bill presentment nor payment

Correct Answer:

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