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CTP · Question #610

(Topic 7) Controlled disbursement notification times can be improved by which of the following?

The correct answer is D. Using Payor bank services. See the full explanation below for the reasoning.

Question

  • (Topic 7)

Controlled disbursement notification times can be improved by which of the following?

Options

  • AIncreasing the use of multiple transit routing numbers
  • BImplementing a 2 P.M. presentment
  • CImplementing a high dollar group sort program
  • DUsing Payor bank services

How the community answered

(30 responses)
  • A
    10% (3)
  • B
    3% (1)
  • C
    7% (2)
  • D
    80% (24)

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