Deferred posting refers to:
A) the ability of a bank to reverse credits to a customer's account if a deposited check is later dishonored
B) the ability of a bank to directly credit "on us" items
C) the use of the Federal Reserve System for processing checks
D) the ability of a bank to treat transactions occurring after a stated time of day as if they occur on the next banking day
Correct Answer:
Verified
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