Electronic funds transfers are also called ____.
A)wire transfers
B)business transfers
C)money transfers
D)telephone transfers

Name: Electronic funds transfers are also called ____. A)wire transfers B)business transfers C)money transfers D)telephone transfers
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Question

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Electronic funds transfers and wire transfers are used interchangeably. While B and C are somewhat related to electronic funds transfers, they do not accurately describe the specific type of transfer. D is not commonly used terminology.

Electronic Funds Transfers Are Also Called ____