___________are used to execute transactions in which financial institutions transfer huge amounts of money using electronic funds transfer (EFT).
A)Decision support systems (DSSs)
B)Business intelligence (BI) systems
C)Cash management systems (CMSs)
D)Expert systems (ESs)

Question

Quizplus · Accepted Answer

Cash management systems (CMSs) are specifically designed to handle electronic funds transfer (EFT) for financial institutions. This makes C the best choice. Decision support systems (DSSs) and business intelligence systems (BI) are not designed for EFT specifically, and expert systems (ESs) are designed for specific applications, not necessarily financial transactions.

___________Are Used to Execute Transactions in Which Financial Institutions Transfer