JAMB Commerce 2019 Objective — Question 14

Question 14 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2019 Objective paper, with the correct answer and a full explanation.

A bank form used to transfer money from a personal account to a creditor's account is called

A. a credit transfer formCorrect
B. debit transfer form
C. customer transfer form
D. bank transfer form

Explanation

The credit transfer form is used to transfer money from a personal account to a creditor's account.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Commerce 2019 Objective More Commerce past papers