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Which of the following statements is false regarding EFTs? EFT uses email to transfer funds from one location to another. EFT enhances cash management. Online

Which of the following statements is false regarding EFTs?

EFT uses email to transfer funds from one location to another.

EFT enhances cash management.

Online bill payments and direct deposits to employees accounts are examples of EFTs.

EFT reduces the opportunities for employees to misappropriate cash.

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