nerdexam
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)
  • A
    6% (1)
  • B
    6% (1)
  • C
    69% (11)
  • D
    19% (3)

Community Discussion

No community discussion yet for this question.

Full CTP Practice