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Wespay AAP Practice Exams (Full) Questions and Correct Answers/ Latest Update / Already Graded
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--91April 20252024/2025A+Available in bundle
- 1. The ____________________ is a processing and delivery system that 
provides for the distribution and settlement of electronic credits and 
debits among financial institutions. 
 Ans: ACH Network 
 
2. The ACH movement began in the early ____________________ when 
a group of California bankers formed the Special Committee on 
Paperless Entries (SCOPE). 
 Ans: 1970s 
 
3. In 1974, __________________was formed to coordinate the ACH 
movement nationwide. 
 Ans: (National Automated ...
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