AFP
CTP · Question #850
(Topic 9) A cash manager wants to convert wire payments to ACH. Which of the following would NOT be a good application for ACH?
The correct answer is C. Same day payments. See the full explanation below for the reasoning.
Question
- (Topic 9)
A cash manager wants to convert wire payments to ACH. Which of the following would NOT be a good application for ACH?
Options
- ARoutine loan payments
- BLease payments
- CSame day payments
- DFuture tax payments
How the community answered
(16 responses)- A6% (1)
- B6% (1)
- C69% (11)
- D19% (3)
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