Choose Among the Following Services Provided by Modern FIs to Answer

question 29

Multiple Choice

Choose among the following services provided by modern FIs to answer questions 16-90 to 16-103.
-16-103 Coordinating the need for funds early in the day with a wire transfer to allow disbursement of the funds later in the day.

• A)Account reconciliation.
• B)Assisting small business entries into e-commerce.
• C)Check deposit services.
• D)Controlled disbursement accounts.
• E)Electronic billing.
• F)Electronic data interchange.
• G)Electronic funds transfer.
• H)Electronic initiation of letters of credit.
• I)Electronic lockbox.
• J)Facilitating business-to-business e-commerce.
• K)Funds concentration.
• L)Treasury management software.
• M)Verifying identities.
• N)Wholesale lockbox.

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Definitions:

Native Americans

The indigenous peoples and cultures of what is now the United States, who inhabited the land for thousands of years prior to European colonization.

Feminism

A movement and ideology that advocates for the rights and equality of women in society, politics, and all areas of life.

Accomplishments

Achievements or successes that have been realized, often resulting from hard work and effort.

1960s

A decade marked by significant social, political, and cultural change around the world, including the civil rights movement, counterculture, and advancements in science and technology.