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EFT is most widely used for direct deposit of payroll but other common applications include all of the following EXCEPT:
Suggested Answer: D
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22 comments · newest first
LI
Lilli
2 days ago
This question is tricky.
NO
Noble
7 days ago
I’m torn, but I’ll go with A.
NI
Nichelle
12 days ago
I agree with Dottie. No exceptions here.
DO
Dottie
17 days ago
I feel D is safe. All are valid uses.
GR
Gracie
23 days ago
Payroll taxes are usually separate.
DA
Darci
28 days ago
Why B?
GR
Gracie
1 month ago
Definitely! I lean towards B.
LI
Ling
1 month ago
I think it's tricky.
TW
Twana
1 month ago
None of these? Sounds too good to be true!
AN
Annalee
2 months ago
Yup, all those options are common uses!
ST
Steffanie
2 months ago
Wait, are payroll taxes really done via EFT?
VA
Vanesa
2 months ago
Actually, it's used for pensions too!
CH
Chun
2 months ago
I thought EFT was only for payroll.
BO
Bok
2 months ago
Really? I didn’t know EFT covered so much.
TI
Tiffiny
2 months ago
D) None of these is correct!
WI
Willard
3 months ago
Wait, are payroll tax payments not included?
KA
Kayleigh
3 months ago
Actually, it’s used for benefits too.
LO
Lorenza
3 months ago
I thought EFT was only for payroll.
GL
Gladys
3 months ago
I believe the answer is D) None of these since they all seem like valid EFT uses, but I could be wrong.
PA
Pamela
3 months ago
I’m pretty confident that pension payments and benefits transfers are definitely EFT applications, but I’m a bit uncertain about the payroll tax payments.
KR
Kristofer
4 months ago
I think all the options listed are common uses of EFT, but I feel like there was a question similar to this in our practice exam.
CH
Cheryl
5 months ago
I remember we discussed EFT applications in class, but I'm not sure if payroll tax payments are included.