Which of the Following Is Not One of the Typical

question 67

Multiple Choice

Which of the following is not one of the typical portal revenue sources?

• A) commissions on sales
• B) subscription fees
• C) tenancy deals
• D) referral fees

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Definitions:

Preauthorized Payments

Financial arrangements allowing a payee to automatically withdraw money from a payer's bank account for recurring bills or subscriptions.

Collection Time

The duration it takes for a business to receive payments owed by its customers.

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, whereby payments are sent directly to a post office box, rather than to the company, to expedite the deposit process.

Clearing Process

The procedure by which financial trades settle; that is, the correct and timely transfer of funds to the seller and securities to the buyer.