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AFP Certified Treasury Professional CTP Question # 363 Topic 14 Discussion

AFP Certified Treasury Professional CTP Question # 363 Topic 14 Discussion

CTP Exam Topic 14 Question 363 Discussion:
Question #: 363
Topic #: 14

A large, nation-wide, retailer of plumbing fixtures is considering implementing ACH technology to improve its accounts receivable processing. Which of the following pre-authorized ACH transactions can the company use for this application?


A.

ARC (Accounts Receivable Conversion)


B.

CIE (Customer-Initiated Entry)


C.

TEL (Telephone-Initiated Entry)


D.

WEB (Internet-Initiated Entry)


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