
Payment Procedures
Quiz
•
Business
•
Professional Development
•
Practice Problem
•
Hard
Julie Tiboso
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ALP can be a condition of an extension of credit.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ALP are deducted from a bank account (checking or savings) through ______.
ACH
EFT
Physical Check
Bill Pay
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What does EFT mean?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long, prior to their due date, can customers request to make changes on their ALP?
3 days
5 business days
5 days
3 business days
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not accepted on setting up ALP with business bank accounts?
Written and authorized request with business letterhead
DBA papers
Incorporation Papers
Written request with authorization
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What does CF meant in "Bill Pay- CF"
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the cut-off time for debit card payments during Mondays-Fridays?
5:00 PM
7:30 PM
9:00 PM
5:30 PM
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