Electronic funds transfers ________.
A) are more expensive than mailing a check to make a payment
B) are a way of moving cash by paper documents
C) include direct deposits and debit card transactions
D) do not appear on the bank statement

Question

Quizplus · Accepted Answer

Electronic funds transfers include direct deposits (such as receiving a paycheck) and debit card transactions (such as making purchases). They are typically faster and more convenient than mailing a check. They do appear on the bank statement as transactions.

Electronic Funds Transfers ________