Choose among the following services provided by modern FIs to answer questions 16-90 to 16-103.
-16-94 Providing for the transmission of invoices,purchase orders,and shipping notices automatically using FIs as clearinghouses.
A) Account reconciliation.
B) Assisting small business entries into e-commerce.
C) Check deposit services.
D) Controlled disbursement accounts.
E) Electronic billing.
F) Electronic data interchange.
G) Electronic funds transfer.
H) Electronic initiation of letters of credit.
I) Electronic lockbox.
J) Facilitating business-to-business e-commerce.
K) Funds concentration.
L) Treasury management software.
M) Verifying identities.
N) Wholesale lockbox.
Correct Answer:
Verified
Q83: Choose among the following services provided by
Q84: 16-82 Daylight overdrafts occur when
A)FIs in different
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Q86: 16-85 Why has empirical evidence on economies
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Q89: Choose among the following services provided by
Q90: Choose among the following services provided by
Q91: 16-86 Which of the following is consistent
Q92: 16-88 Which of the following is NOT
Q93: Choose among the following services provided by
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