An Electronic Funds Transfers System ________

question 210

Multiple Choice

An electronic funds transfers system ________.

• A) does not include debit card transactions
• B) is seldom used by businesses
• C) transfers cash by electronic communication rather than by paper documents
• D) uses forms such as checks and deposit tickets to transfer cash

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Definitions:

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union in collective bargaining.

Point Method

A job evaluation method that quantitatively assesses a job's key components using a point system, contributing to determining its relative value or pay scale.

Scientific Process

A methodical and empirical approach to research and investigation characterized by systematic experimentation, observation, and analysis.

Internal Equity

The fairness in pay levels for employees within the same organization, ensuring that compensation is consistent with the value of different roles.