Allyson Grace Uses MyCheckFree

question 72

Multiple Choice

Allyson Grace uses MyCheckFree.com to pay her bills each month. Her cell phone, utility bills, car insurance bills and so on are sent electronically to MyCheckFree each month. The service pays the bills when they are due and transfers money from Allyson's checking account to cover her expenses. Allyson is using the _____________________________ method of paying bills over the Internet.

• A) Online banking
• B) Biller direct
• C) Bill consolidator
• D) Bill forwarding

Comprehend the relationship between sales and receivables management.

Recognize the effect of asset management on company profitability and efficiency.

Understand the calculation and implications of profit margin ratios.

Recognize the importance of investment and financing decisions on financial health.

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Definitions:

Hypotension

Abnormally low blood pressure.

Urine

A liquid by-product of metabolism in humans and many animals, excreted by the kidneys through the process of urination.

Secretion

Separation of certain materials from the blood by the activity of a gland.

Excretion

The process of expelling material from the body.