Diverse Regulatory Practices _____ the Integration Process of a Global

question 60

Multiple Choice

Diverse regulatory practices _____ the integration process of a global information system (GIS) .

• A)impede
• B)facilitate
• C)empower
• D)speed up

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Definitions:

Stop Payment Order

A request made to a bank by an account holder not to pay or cancel payment on a check or pre-authorized electronic payment that has not yet been processed.

Payee Name

Payee Name is the name of the individual or entity entitled to receive payment on a financial document, such as a check or transfer.

Check Amount

The check amount is the sum of money written on a check that the drawer directs the bank to pay the payee.

Postdated Check

A postdated check is a check written with a future date, indicating when it can be deposited or cashed.