Customers That Send Their Payments Electronically Directly to the Billing

question 85

Multiple Choice

Customers that send their payments electronically directly to the billing company's bank are using

• A)electronic funds transfer (EFT).
• B)electronic data interchange (EDI).
• C)procurement cards.
• D)an electronic lockbox.

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Definitions:

Consciousness

The quality or state of awareness, being aware of an external object or something within oneself, encompassing thoughts, feelings, and the environment.

Melatonin

A hormone produced by the pineal gland that regulates sleep-wake cycles and is involved in various biological rhythms.

Pineal Gland

The endocrine gland that secretes the hormone that controls the sleep/wakefulness cycle.

Circadian Rhythms

The natural, internal processes that regulate the sleep-wake cycle and repeat roughly every 24 hours.