Since 1988, Bigbux National Bank has tried to make use of new technologies to expand the services it offers to its customers. For example, depositors can obtain updated financial information about their accounts and handle certain types of transactions whenever they wish simply by visiting the bank's website and providing a user name and password. The type of technology Bigbux National Bank uses to provide these services is known as:
A) data processing.
B) systems processing.
C) information technology.
D) knowledge processing.

Question

Quizplus · Accepted Answer

The type of technology that Bigbux National Bank is using to provide updated financial information and handle certain transactions online is generally referred to as information technology, or IT. This includes computer hardware, software, networks, and other tools used to manage and distribute information electronically. While data processing and systems processing are related concepts, they are generally more focused on specific aspects of managing data and computer systems, respectively, and are not as comprehensive as the broader category of IT. Knowledge processing is a less commonly used term that generally refers to the automated management and use of knowledge within an organization, often through the use of artificial intelligence or other advanced systems.

Since 1988, Bigbux National Bank Has Tried to Make Use