Question

question 1
which statement regarding online bill pay is accurate?
online bill pay is only used for recurring bill pay such as your cell phone or car insurance bills.
online bill pay refers to using your mobile phone to deposit a check by taking a picture.
online bill pay is a system by which your employer can automatically send your paychecks to your checking account.
online bill pay can be used for one - time payments as well as recurring payments.
25 pts
question 2
fill in the blanks: direct deposit typically refers to your ______ sending your ______ electronically to your bank account.
parents, allowance
credit card company, bills
employer, paycheck
employer, bills

Explanation:

• Question 1:
• Online bill - pay is not limited to recurring bills (so the first option is wrong). Using a mobile phone to deposit a check by taking a picture is mobile check - deposit, not online bill - pay (second option is wrong). An employer automatically sending paychecks to a checking account is direct deposit, not online bill - pay (third option is wrong). Online bill - pay can handle both one - time and recurring payments.
• Question 2:
• Direct deposit is a common practice where an employer sends an employee's paycheck electronically to their bank account. Parents sending an allowance is a personal transfer, not typically called direct deposit. A credit - card company sending bills is just bill - sending, not deposit. An employer sending bills is not relevant to the concept of direct deposit.

Answer:

Question 1: Online bill pay can be used for one - time payments as well as recurring payments.
Question 2: employer, paycheck