____________ accounts are increasingly used to make direct deposits to, and payments from, checkable deposit accounts.
A) single balance
B) money market
C) automatic transfer service (ATS)
D) capital market

Question

Quizplus · Accepted Answer

The term "automatic transfer service (ATS)" specifically refers to accounts that are designed to allow direct deposits and payments from checkable deposit accounts. Single balance accounts and money market accounts may also allow for these types of transactions, but they are not specifically designed for that purpose. Capital market accounts typically involve investments rather than direct deposit and payment transactions.

____________ Accounts Are Increasingly Used to Make Direct Deposits To