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An Objective of the Check 21 Act Is To

Question 49

Multiple Choice

An objective of the Check 21 Act is to:


A) require banks to accept checks in electronic form, thereby reducing paperwork.
B) make the check collection process faster by transferring files digitally.
C) enhance fraud detection.
D) All of these are objectives.
E) Only to make the check collection process faster by transferring files digitally and to enhance fraud detection.

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