The Australian Paper Clearing System (APCS) Looks After Cheques and Other

question 17

True/False

The Australian Paper Clearing System (APCS) looks after cheques and other paper- based payments such as payment orders.

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Definitions:

NBA

National Basketball Association, a professional basketball league in North America composed of 30 teams.

Social Media

Platforms and websites that enable users to create and share content or to participate in social networking.

BPM

Stands for Business Process Management, a systematic approach to improving an organization's workflow to be more efficient and adaptable.

Efficiency

Refers to the degree to which a process or system can achieve its goals with minimal waste of time, resources, or effort.