Which of the following statements applies to an electronic funds transfer system (EFTS)?

A. The need for an employee check stub is eliminated.
B. The money is available to the employee the day after the deposit.
C. The employee does not have to worry about losing the paycheck.
D. Employee bank account numbers are not needed for EFT transfers.
E. The medical assistant must sign up for EFTS with the bank.

Answer: C