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CTP · Question #127
(Topic 2) A large, nation-wide, retailer of plumbing fixtures is considering implementing ACH technology to improve its accounts receivable processing. Which of the following pre- authorized ACH…
The correct answer is B. CIE (Customer-Initiated Entry). See the full explanation below for the reasoning.
Question
- (Topic 2)
A large, nation-wide, retailer of plumbing fixtures is considering implementing ACH technology to improve its accounts receivable processing. Which of the following pre- authorized ACH transactions can the company use for this application?
Options
- AARC (Accounts Receivable Conversion)
- BCIE (Customer-Initiated Entry)
- CTEL (Telephone-Initiated Entry)
- DWEB (Internet-Initiated Entry)
How the community answered
(25 responses)- A4% (1)
- B76% (19)
- C12% (3)
- D8% (2)
Community Discussion
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