MENU
A large, nation-wide, retailer of plumbing fixtures is considering implementing ACH technology to improve its accounts receivable processing. Which of the following pre-authorized ACH transactions can the company use for this application?
Suggested Answer: B
Get Premium CTP Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
24 comments · newest first
AS
Ashlyn
2 days ago
CIE could work too, but it's customer-driven.
LA
Lauran
7 days ago
It converts checks to ACH. Very efficient.
RO
Rosalind
12 days ago
Why ARC?
LA
Lauran
17 days ago
I think ARC is the best choice.
SA
Sang
22 days ago
It’s definitely the most practical solution.
LA
Lauran
28 days ago
I’m leaning towards ARC as well.
PE
Peggie
1 month ago
Agreed, less hassle for accounts receivable.
IS
Isadora
1 month ago
I feel like ARC simplifies everything.
SA
Sang
1 month ago
WEB is also an option, but less common.
PE
Peggie
2 months ago
TEL is good for phone orders, but not ideal.
LA
Lauran
2 months ago
True, but ARC is more efficient for retailers.
IS
Isadora
2 months ago
CIE could work too. Customer starts it.
SA
Sang
2 months ago
It converts checks to ACH. Fast processing!
LA
Lauran
2 months ago
Why ARC?
SA
Sang
2 months ago
I think ARC is the best choice.
AL
Allene
3 months ago
I thought WEB was more for online sales, not receivables.
AS
Ashlyn
3 months ago
Totally agree, ARC is the best option here!
AA
Aaron
3 months ago
Wait, can you really use TEL for this? Seems odd.
NA
Nan
3 months ago
I think CIE could work too, but not as efficient.
FE
Felice
3 months ago
Definitely ARC is the way to go for receivables!
LE
Lea
4 months ago
I feel like I’ve seen questions about these before, and ARC seems to fit the description best for this scenario.
AR
Art
5 months ago
I’m a bit confused about WEB and TEL; I thought both could be used for ACH, but I can't recall which is specifically for accounts receivable.
HI
Hillary
5 months ago
I remember practicing with CIE and TEL, but I feel like ARC is more relevant for accounts receivable.
TO
Tom
5 months ago
I think ARC might be the right choice since it deals with converting checks to ACH, but I'm not entirely sure.