An electronic funds transfers system a. does not include debit card transactions b. transfers cash by electronic communication rather than by paper documents c. is seldom used by businesses d. uses forms such as checks and deposit tickets to transfer cash

The correct answer is B. transfers cash by electronic communication rather than by paper documents.

Explanation:

When the bank transfer or bank transfer is verified through electronic means, throughout its process or some parts thereof, it is referred to as an electronic funds transfer system (EFTS). This system is used when providing a bank account number and routing information to someone who owes money, and that interested parties transfer money from one account to another. It is also the system used in some of the payments made through the online bill payment service of a bank. EFTS transfers differ from electronic transfers in important legal forms. An EFTS payment is essentially an electronic personal check, while a bank transfer is more like an ATM check.

In the United States, EFTS transfers are often called "ACH transfers," because they take place through the Automated Clearing House or Automated Clearing House. The part that ACH transfers differ from bank transfers is that the recipient can initiate it. There are course restrictions, but this is the way people often make automatic bill payments, for example to utility companies.