Some corporations have been reluctant to use the ACH system more than they do because
A) the payor loses some disbursement float and control
B) the mail offers greater security
C) the ACH system reduces funds availability forecasting
D) of the higher costs of banking,reconciliation and cash application
Correct Answer:
Verified
Q2: Checks drawn on banks that do not
Q3: Interstate banking on an unlimited scale would
Q4: Fed float occurs because the Fed
A)is no
Q5: The numbers on the bottom area of
Q6: The bank of first deposit will select
Q8: Advantages of wire transfers include all of
Q9: A central location where representatives of area
Q10: Knowledge of the regulatory system,and changes to
Q11: _ is NOT an electronic means to
Q12: Check clearing in the Federal Reserve System
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