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CTP · Question #633

(Topic 7) A comprehensive payables service can do all of the following EXCEPT:

The correct answer is D. concentrate lockbox deposits. See the full explanation below for the reasoning.

Question

  • (Topic 7)

A comprehensive payables service can do all of the following EXCEPT:

Options

  • Asend checks to a vendor.
  • Bwire funds to a bank.
  • Cset up ACH transfers.
  • Dconcentrate lockbox deposits.

How the community answered

(43 responses)
  • A
    2% (1)
  • B
    9% (4)
  • C
    7% (3)
  • D
    81% (35)

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