Regarding the U.S. payments system, which of the following is the responsibility of the Federal Reserve? O a. Authorizing checks received by the payee's bank O b. Ensuring adequate cash is available for cashing checks O c. Maintaining the integrity of the check processing system O d. Each of these answers is correct Clear my choice The Check Clearing for the 21st Century Act, commonly known as "Check 21" was passed to make it legal for: a. Debit cards to be used instead of checks for making payments O b. Written checks to be scanned and handled like electronic funds transfers c. Electronic funds transfers to be made from payers and payees O d. Each of these answers is correct Clear my choice