Suppliers are more often being paid through a/an ____,which is the automatic transfer of payment from the buyer's bank account to the supplier's bank account.
A) RFQ
B) EFT
C) MRO
D) PO
E) None of these choices.

Question

Quizplus · Accepted Answer

EFT (Electronic Funds Transfer) refers to the automatic transfer of payment from one bank account to another, which is commonly used for paying suppliers. RFQ (Request for Quotation), MRO (Maintenance, Repair, and Operating supplies), and PO (Purchase Order) are not related to payment methods.

Suppliers Are More Often Being Paid Through A/an ____,Which Is