The Following Would Be an Advantage of Using Electronic Funds

question 2

Multiple Choice

The following would be an advantage of using electronic funds transfer over a paper-based collection system:

• A)lower costs per item
• B)improved cash forecasting
• C)more efficient return item processing
• D)all of the above

---

Definitions:

Human Emotions

Complex reactions that involve a person's psychological and physical state in response to stimuli or situations, influencing behavior and decision-making.

Expectancy Theory

A motivation theory that suggests an individual’s behavior is determined by their expected outcomes or rewards following such behavior.

Employee Motivation

The level of enthusiasm, willingness, and drive that a company's workers have to carry out their jobs effectively.

P-to-O Expectancies

The belief that exerting a certain amount of effort (performance) will lead to specific outcomes or objectives.