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QUESTION 4 Centralized disbursing results in the following EXCEPT? a. Lower banking costs b. Improved cash flow forecast c. Reduced fraud d. More autonomy for
QUESTION 4
Centralized disbursing results in the following EXCEPT?
a. | Lower banking costs | |
b. | Improved cash flow forecast | |
c. | Reduced fraud | |
d. | More autonomy for local purchasing managers |
1 points
QUESTION 5
What type of disbursement tool involves a firm s bank matching presented checks to an issue file that is provided by the client firm?
a. | Range only reconciliation | |
b. | Positive pay | |
c. | Full reconciliations | |
d. | Reverse positive pay |
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