Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Place the following Automated Clearing House or hybrid process steps in order: 1. Sign check. II. Record check information with device. III. Deduct payment after

image text in transcribed
Place the following Automated Clearing House or hybrid process steps in order: 1. Sign check. II. Record check information with device. III. Deduct payment after bank receives information. IV. Merchant system sends check data to ACH operator. II, I, III, IV. I, II, III, IV. III, II, IV, 1. I, II, IV, III. O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational financial management

Authors: Alan c. Shapiro

10th edition

9781118801161, 1118572386, 1118801164, 978-1118572382

More Books

Students also viewed these Finance questions