AFP

CTP · Question #600

(Topic 6) Insurance companies often use which of the following payment instruments?

The correct answer is D. Payable through draft. Topic 7, Volume F

Manage Treasury Operations

Question

(Topic 6)

Insurance companies often use which of the following payment instruments?

Options

ADepository transfer check
BTime draft
CPreauthorized draft/check
DPayable through draft

How the community answered

(57 responses)

A
4% (2)
B
14% (8)
C
7% (4)
D
75% (43)

Explanation

Topic 7, Volume F

Topics

#payment instruments#payable through draft#insurance payments#disbursement methods

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