Ach network - Study guides, Class notes & Summaries

Fundamentals of Payments Risk Management-APRP Questions And Answers. Credit Risk - correct answer Risk that a party to a transaction cannot provide the necessary funds as contracted for settlement to take place on the scheduled date. Operational Risk - correct answer Risk that a transaction is altered or delayed due to an unintentional error. Fraud Risk - correct answer Risk that a payment transaction will be initiated or altered in an attempt to misdirect or misappropriate funds. Syst...

APRP CHAPTER TWO - PART TWO STUDY GUIDE EXAM. Systemic Risk - correct answer The risk that the inability or unwillingness of one funds transfer system participant to settle its commitments will cause other participants to be an able to settle their commitments There is a connection between the dollar volumes a network handles - correct answer Systemic risk involved Systemic risk is addressed for financial institutions and payment system operators in which policy document - correct answer ...

ACH applications requiring the Originator to use a MICR reading device to capture the Receiver's banking information from the MICR line of the source document. - correct answer - 1. Point of Purchase (POP) (2) Accounts Receivable (ARC) Entries (3) Back office conversion (BOC) Entries Implements the Expedited Funds Availability Act of 1987 - correct answer - Reg CC The amount of time Depository Financial Institutions must retain all ACH records - correct answer - 6 years Commercial whol...

Preventive Control - correct answer -A mitigating technique designated to prevent an event from occurring. Incident Response Plan - correct answer -A plan that defines the action steps, involved resources and communication strategy upon identification of a threat or potential threat event, such as a breach in security protocol, power or telecomunnications outage, severe weather or workplace violence. Control Self-Assessment - correct answer -A technique used to internally assess the effect...

PSY 101 Straighterline Final Exam Rated A+ psychology the scientific study of behavior and mental processes science psychology uses systematic methods to observe human behavior and draw conclusions behavior everything we do that can be directly observed mental process The thoughts, feelings, and motives that each of us experiences privately but that cannot be observed directly critical thinking thinking that does not blindly accept arguments and conclusions. Rather, it exami...

Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What shoudl the company use to cobat these rising costs. A. SWIFT network B. ACH Network C. CHIPS network D. TARGET 2 - A An Instrument that gives the right to buy a stated number of shares of common stock at a specified price is known as a. An...

Psyc 375 Exam Questions with 100% Verified Answers "Dark Current" the steady depolarization maintained by photoreceptors when no light is present 3 cone types blue, green, red 3 main colors red, green, blue a strategy for treating PD there are medications to manage problems with talking, movement, and tremors, since degeneration of the brain creates physical problems. aerobic exercise and physical therapy can also help absorption spectrum The range of a pigment's ability to absor...

APRP Vocab Study Guide with Complete Solutions ACH - Answer️️ -Automated Clearing House ACH Network - Answer️️ -Backbone for the electronic movement of money and data, a processing and delivery system that provides for the distribution and settlement among financial institutions of electronic credits and debits, as well as, non-monetary entries with payment related information ACH Operator - Answer️️ -Central clearing facility that receives entries from the ODFIs and distribu...

CTP Exam Practice Questions 100 Questions with 100% Correct Answers Updated & Verified Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What should the company use to combat these rising costs. A. SWIFT network B. ACH Network C. CHIPS network D. TARGET 2 - A An Instrument that gives the righ...

Physio exam 4 Short Questions and Answers. fully Revised Edition Peripheral nervous system (PNS) - ***carries messages to and from the CNS somatic nervous system and autonomic nervous system somatic nervous system - ***controls voluntary (skeletal) muscles and transmits sensory info to the CNS short reflexes, no input from CNS autonomic nervous system - ***controls involuntary body functions (smooth muscle, glands, cardiac muscle) sympathetic nervous system and parasympathetic nervous ...