CAPM (Certified Associate in Project Management) Practice Exam

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Study for the CAPM Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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How do payment systems process payments?

Through an external audit
Using the seller’s accounts payable system
By the buyer's accounts payable system
Directly from customer to seller

The correct answer is: By the buyer's accounts payable system

Payment systems process payments by the buyer's accounts payable system. This is because the buyer's accounts payable system is responsible for issuing payments to vendors and suppliers on behalf of the buyer. This system ensures that payments are processed accurately, invoices are verified, and payments are made in a timely manner. The other options are not correct because payment systems do not typically involve external audits, the seller's accounts payable system, or direct transactions from customer to seller in most business transactions.