Which of the Following Statements About ACH Transactions Is False

question 76

Multiple Choice

Which of the following statements about ACH transactions is false?

• A)They reduce the likelihood of missed payments.
• B)They reduce transactions costs associated with check processing.
• C)They reduce the costs that lenders incur in notifying customers of missed payments.
• D)They typically involve digital cash.

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Definitions:

Marketing

A group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas.