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?
Sign in or unlock CTP to reveal the answer and full explanation for question #680. The question stem and answer options stay visible for context.
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.
Unlock CTP to see the answer
You've previewed enough free CTP questions. Unlock CTP for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.
Topics
#payment authorization#ACH#electronic payments#payment systems