The payments system is
A)the method of conducting transactions in the economy.
B)used by union officials to set salary caps.
C)an illegal method of rewarding contracts.
D)used by your employer to determine salary increases.

Question

Quizplus · Accepted Answer

The payments system refers to the method of conducting transactions in the economy, such as credit cards, checks, and electronic transfers. It is not related to setting salary caps, rewarding contracts, or determining salary increases.

The Payments System Is