AFP Certified Treasury Professional CTP Question # 431 Topic 20 Discussion

AFP Certified Treasury Professional CTP Question # 431 Topic 20 Discussion

CTP Exam Topic 20 Question 431 Discussion:
Question #: 431
Topic #: 20

Transmission of a file of items presented for payment by the payor bank to the issuing company is known as:


A.

reverse positive pay.


B.

positive pay.


C.

full reconciliation.


D.

payor bank services.


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