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AFP CTP Question # 191 Topic 20 Discussion

CTP Exam Topic 20 Question 191 Discussion:
Question #: 191
Topic #: 20

West Coast Retail Shop has experienced reduced cash availability in its bank account since a new store manager was hired. The manager is responsible for manually preparing daily bank deposits, which generally include a large number of checks, for processing at a bank branch in the same shopping mall as the store. Which of the following should West Coast Retail Shop implement to improve the available balance in its bank account?


A.

A Point-of-Purchase check conversion process


B.

An Image Replacement Document conversion process


C.

Transit check clearing


D.

A direct exchange with local banks


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