Certified Payroll Professional Practice Exam 2025 - Free CPP Practice Questions and Study Guide

Question: 1 / 400

What is the primary function of the ACH Network?

Overseeing manual check processes

Settling transactions between financial institutions

The primary function of the ACH Network is to settle transactions between financial institutions. The Automated Clearing House (ACH) Network is a system that processes electronic payments and transfers such as direct deposits, payroll payments, consumer bills, tax payments, and more. It facilitates the transfer of funds between bank accounts, enabling businesses and individuals to make payments securely and efficiently. Therefore, the correct answer is B.

Options A, C, and D are incorrect as they do not reflect the main purpose of the ACH Network. Option A is inaccurate as the ACH Network deals with electronic payments, not manual check processes. Option C is incorrect as the ACH Network is not involved in approving overtime payments for employees. Option D is not related to the functions of the ACH Network as it does not verify employee educational credentials.

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Approving overtime payments for employees

Verifying employee educational credentials

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