An Association of Banks and Other Payors Whose Members Settle

question 26

Multiple Choice

An association of banks and other payors whose members settle accounts with each other on a daily basis is a:

• A) payor banking group.
• B) clearinghouse.
• C) provisional reserve.
• D) None of these.

---

Definitions:

Two-Factor Theory

A psychological theory by Frederick Herzberg stating that job satisfaction and dissatisfaction are influenced by two independent sets of factors: motivators and hygiene factors.

Job Satisfaction

The level of contentment employees feel about their work, which can influence their performance and retention.

Job Dissatisfaction

A negative emotional response to one's job, often resulting from unmet expectations or negative aspects of the work environment.

Motivation

Accounts for the level, direction and persistence of effort expended at work.