In an electronic funds transfer (EFT) system, the information of a transaction is communicated from one computer to another.

Name: In an electronic funds transfer (EFT) system, the information of a transaction is communicated from one computer to another.
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This statement is true. EFT involves the electronic transfer of funds from one bank account to another, typically through computer networks. The transaction information is communicated from one computer to another for processing and authorization.

In an Electronic Funds Transfer (EFT) System, the Information of a Transaction