One of the Newest Technologies Related to Payables Is One

question 45

Multiple Choice

One of the newest technologies related to payables is one where invoices are exchanged and payments are made via the internet.The name given to this process is:

• A)Random Array of Invoice and Disbursements (RAID)
• B)Electronic Invoice Payment Procedures (EIPP)
• C)Electronic Invoice Presentment and Payment (EIPP)
• D)Routing Application Invoice Delivery (RAID)