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The Automated Clearing House (ACH) Multiple Choice A arranges for checks to be cleared. B is a system for making large-value international cash payments. C

The Automated Clearing House (ACH)

Multiple Choice

  • A arranges for checks to be cleared.
  • B is a system for making large-value international cash payments.
  • C serves as an accounting system for credit cards.
  • D provides a mechanism for banks to transfer money directly to a firms' suppliers or employees.

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