What is a key prerequisite for using electronic bank account management (eBAM) to reduce paperwork?   Bank-provided treasury management system Upgrade from BAI2 to BTRS TWIST standards Initial relationship development

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 2QY
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  • What is a key prerequisite for using electronic bank account management (eBAM) to reduce paperwork?

 

  1. Bank-provided treasury management system
  2. Upgrade from BAI2 to BTRS
  3. TWIST standards
  4. Initial relationship development
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