Which of the Following Is Not a Standard Method of Transferring

question 143

Multiple Choice

Which of the following is not a standard method of transferring funds when using concentration banking?

• A) Depository transfer check
• B) Automated clearinghouse electronic transfer
• C) Wire transfer
• D) Payable through draft (PTD)

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Definitions:

Long-Time Perspective

An approach that focuses on long-term outcomes and goals rather than immediate or short-term results.

Same Job

A position or role within an organization or field that has identical responsibilities, tasks, and requirements as another.

Different Definitions

This term alludes to the concept that the meaning or interpretation of concepts can vary based on context, perspective, or usage.

Inevitable

A situation or event that is certain to happen and cannot be avoided or prevented.