Which of the Following Is Not a Benefit of Using

question 81

Multiple Choice

Which of the following is not a benefit of using EIPP in the business-to-business market?

• A) Reduced float to the receiving party
• B) Lower cost of receivables processing for the receiver and payment initiation and reconciliation costs for the payer
• C) Better forecasting for both receiver and payer
• D) Lower cost of receivables processing for the payer and payment initiation and reconciliation costs for the receiver.
• E) All of the above are benefits

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Definitions:

Predicting Future Behaviors

The process of using current and past behaviors or trends to forecast future actions or patterns.

Specific Behaviors

Actions or reactions of an individual in response to external or internal stimuli, which can be observed and measured.

Aggregated Behaviors

The sum or collection of individual actions or responses observed over a period of time, providing insights into overall patterns or trends.

Accurate

Correct in all details; exact.