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NO.1 The KEY decision in using CCD+ and CTX formats for B2B payments is:
A. whether an evaluated receipts or paid-on-production technique is being used for the transfer.
B. whether to keep the payment and remittance information together or separate.
C. whether to use the Internet or an EDI spoke to transmit electronic payments.
D. whether to use an EDI or a UN/EDIFACT protocol to transfer the value electronically.
Answer: B

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NO.2 The Fed can reduce the money supply by doing which of the following?
1.Increasing reserve requirements 2.Purchasing government securities 3.Increasing legal lending
limits 4.Selling government securities
A. 3 and 4
B. 1 and 4
C. 2, 3, and 4
D. 1 and 2
Answer: B

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