Asked by
Kelsey Ramsey
on Nov 14, 2024
Verified
The use of electronic funds transfers normally results in better control over cash.
Electronic Funds Transfers
The electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions.
- Acquire knowledge of the methods and merits of utilizing electronic funds transfers for better cash management.
Verified Answer
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Learning Objectives
- Acquire knowledge of the methods and merits of utilizing electronic funds transfers for better cash management.