A Plan in Which Payments Are Transferred, Usually Electronically, by a Paying

question 89

Multiple Choice

A plan in which payments are transferred, usually electronically, by a paying agency directly to the account of a recipient is called a:

• A)disbursement
• B)direct deposit
• C)customer-oriented banking
• D)endorsement banking

---

Definitions:

Cyclical Effect

Phenomenon where certain patterns, trends, or behaviors recur over regular periods due to underlying seasonal or economic cycles.

Forecast Quarterly

The process of predicting future values of a variable or interest, such as sales or revenue, specifically for each quarter of a year.

Percentage of Trend

A measure used to describe the proportion of a trend in a dataset, often used in analyzing time series data to determine growth or decline percentages over a time period.

Percentage of Trend

A statistical measure that quantifies the relative change of a variable over a specific period, often used to analyze patterns or growth rates.