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CTP · Question #226

(Topic 3) Making payments through electronic payments networks can be a part of a treasury management system's functionality, but it is subject to numerous constraints. Which of the following is a…

The correct answer is D. Collecting payment-routing details, and populating these into the software, is a. See the full explanation below for the reasoning.

Question

  • (Topic 3)

Making payments through electronic payments networks can be a part of a treasury management system’s functionality, but it is subject to numerous constraints. Which of the following is a true statement of those constraints?

Options

  • AThe process is easy for the payee but very intensive manually for the payor.
  • BNegotiation of trade terms is required, but float terms are excluded.
  • CRemittance detail, whether a lot or a little, can be easily included with all payment forms.
  • DCollecting payment-routing details, and populating these into the software, is a

How the community answered

(35 responses)
  • A
    11% (4)
  • B
    6% (2)
  • C
    3% (1)
  • D
    80% (28)

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