The Cash Receipts Process Can Be Accelerated by Using the ACH

question 131

Multiple Choice

The cash receipts process can be accelerated by using the ACH network because it is:

• A) an immediate process
• B) a periodic process
• C) a type of EFT process
• D) a batch process

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Definitions:

Similarity

The state of being alike or sharing common features, used in various contexts to describe resemblance or equivalence between entities.

Closure

The psychological need to seek resolution and a sense of completeness or finality in our perceptions and relationships.

Reversible Figures

Images or objects that can be perceived in more than one way, where the perspective shifts with each view.

Visual Input

Information received by the eyes that is processed by the visual system.