Controlled Disbursement Is Designed To

question 99

Multiple Choice

Controlled disbursement is designed to:

• A) provide early notification of checks that will be presented against a company's account on a given day.
• B) help combat a common type of check fraud.
• C) provide a company with outsourcing of its accounts payable or disbursement operations.
• D) eliminate nonearning cash balances in corporate checking accounts.