An effective way an organization can eliminate paper paychecks while maintaining adequate accounting records is to
A)pay in cash only.
B)pay with money orders.
C)use direct deposit.
D)use Electronic Funds Transfer.

Question

Quizplus · Accepted Answer

Direct deposit allows an organization to transfer employees' salaries directly into their bank accounts electronically, eliminating the need for paper paychecks while maintaining accurate accounting records.

An Effective Way an Organization Can Eliminate Paper Paychecks While