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which recurring transaction type automatically enters the transaction on a specified date? multiple choice scheduled reminder banking unscheduled

which recurring transaction type automatically enters the transaction on a specified date? multiple choice scheduled reminder banking unscheduled

Therecurringtransaction type that automatically enters thetransactionon a specified date is "scheduled."The "scheduled" recurring transaction type automatically enters a transaction on a specified date. This type of transaction allows individuals orbusinessesto set up regularpaymentsor expenses that occur at fixed intervals, such as monthly rent or subscription fees.By scheduling these transactions, individuals can ensure that the payment orexpenseis automatically recorded on the specified date without requiring manual intervention.This feature is often provided by financialmanagementsoftware or banking platforms, allowing users to set up recurring transactions with the desired frequency and amount.Once the schedule is set, the system will automatically generate and enter the transaction on the specified date, providing convenience and ensuring accurate record-keeping for regular financial obligations.Learn more aboutmanagementhere:brainly.com/question/32216947#SPJ11...

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