Conducting a transaction over the internet costs roughly ________ percent of the cost of conducting that same transaction through a bank branch.
A) 25
B) 15
C) 10
D) 5
E) 2

Question

Quizplus · Accepted Answer

Conducting a transaction over the internet significantly reduces costs, often to about 2 percent of the cost of conducting the same transaction through a traditional bank branch. This efficiency is due to lower overheads, automation, and the elimination of physical infrastructure and personnel costs associated with traditional banking.

Conducting a Transaction Over the Internet Costs Roughly ________ Percent