One of the newest technologies related to payables is one where invoices are exchanged and payments are made via the internet.The name given to this process is:
A)Random Array of Invoice and Disbursements (RAID)
B)Electronic Invoice Payment Procedures (EIPP)
C)Electronic Invoice Presentment and Payment (EIPP)
D)Routing Application Invoice Delivery (RAID)

Question

Quizplus · Accepted Answer

Electronic Invoice Presentment and Payment (EIPP) is the name given to the process where invoices are exchanged and payments are made via the internet, making it the best choice from the options given. The other options, Random Array of Invoice and Disbursements (RAID) and Routing Application Invoice Delivery (RAID), do not accurately describe this technology.

One of the Newest Technologies Related to Payables Is One