The following are advantages of electronic payment systems except:
A) Easy record keeping
B) Marginal cost of transaction is low
C) Float is drastically reduced
D) Initial investment is high
Correct Answer:
Verified
Q37: In the United States large-value electronic payments
Q38: A letter of credit is issued by
Q39: A commercial draft can be
I. Sight draft
Q40: Companies frequently use information from the following
Q43: The market for short-term investments is called:
A)
Q44: Firms which receive a large volume of
Q45: Which of the following have the most
Q46: If the short-term commercial paper rate is
Q46: The discount on a 91-Treasury bill is
Q47: A repurchase agreement occurs when:
A) A company
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