Which of the Following Best Describes an ACH Transfer of Funds

question 47

Multiple Choice

Which of the following best describes an ACH transfer of funds between two separate banking institutions?

• A) Both accounts are verified and funds are quickly available.
• B) Both accounts are not verified and funds are quickly available.
• C) Both accounts are verified but funds may take several days to be available.
• D) Both accounts are not verified and funds may take several days to be available.

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Definitions:

Performance Appraisal Training

Training programs designed to improve the skills and competencies of managers in evaluating the job performance of employees.

Team Building

Activities and initiatives designed to improve team performance and cohesion by enhancing communication, trust, and collaboration among its members.

Promoting Change

The process of encouraging or facilitating alterations in behavior, procedures, policies, or social systems with the goal of achieving improved outcomes.

Interpersonal

Pertaining to or involving relationships or interactions between people.