AFP
CTP · Question #680
(Topic 7) Which of the following types of payment transactions requires the authorization of both the initiating and the receiving party?
The correct answer is A. better protect its assets. A company may choose to outsource some of its cash management processes to:
Manage Treasury Operations
Question
- (Topic 7)
Which of the following types of payment transactions requires the authorization of both the initiating and the receiving party?
Options
- Abetter protect its assets.
- Bincrease netting and pooling opportunities.
- Creduce external fraud.
- Dmore easily monitor its banks' creditworthiness.
How the community answered
(37 responses)- A73% (27)
- B14% (5)
- C5% (2)
- D8% (3)
Explanation
A company may choose to outsource some of its cash management processes to:
Topics
#payment authorization#ACH#electronic payments#payment systems
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