CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM (Certified Associate in Project Management) exam with our informative quiz. Test your knowledge through multiple-choice questions and detailed explanations to boost your confidence and readiness for the certification.

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How do payment systems process payments?

  1. Through an external audit

  2. Using the seller’s accounts payable system

  3. By the buyer's accounts payable system

  4. 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.