Examlex
Which of the following statements about total institutions is accurate?
Check Conversion
The process by which a paper check is transformed into an electronic payment, speeding up the transaction process and reducing the need for physical handling of the check.
Automated Clearing House
An electronic network for financial transactions, used for the transfer of funds between bank accounts, including direct deposits and bill payments.
Source Documentation
The original records and documents related to a study, project, or transaction, serving as evidence for claims and conclusions.
Fraudulent Misstatements
False or misleading statements made intentionally to deceive others.
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