Problem

At the end of each business day, Safe Company sends its bank a list of all checks written...

At the end of each business day, Safe Company sends its bank a list of all checks written during the day, including the check number, payee, and amount. When a check is sent to the bank for payment, the bank compares the payee and the amount with the list provided by Safe Company. This system is called

A. Paychex.

B. Pay-as-you-go.

C. Positive pay.

D. Pay master.

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