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CTP · Question #927

(Topic 9) Which of the following concentration transfer alternatives provide the fastest availability of funds?

The correct answer is C. Wire transfers. See the full explanation below for the reasoning.

Question

  • (Topic 9)

Which of the following concentration transfer alternatives provide the fastest availability of funds?

Options

  • APoint-of-sale terminal transfers
  • BElectronic depository transfers
  • CWire transfers
  • DValue-added banks

How the community answered

(29 responses)
  • A
    17% (5)
  • B
    7% (2)
  • C
    72% (21)
  • D
    3% (1)

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