Question 1 of 30
A company has 150 accounts, each with an average of 20 transactions that need reconciliation. Initially, the reconciliation process takes 0.5 hours per transaction. After implementing Oracle Account Reconciliation Cloud Service (ARCS), the average time per transaction is reduced to 0.3 hours. What is the percentage reduction in the total time required for reconciliation after implementing ARCS?
40\%
25\%
30\%
20\%

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