Statement I: Processing a teller transaction costs more than double what an ATM transaction costs.
Statement II: In 2009 there were about 425,000 ATMs in the U.S.

Question

Quizplus · Accepted Answer

Statement I is true as processing a teller transaction typically involves more labor and overhead costs compared to an ATM transaction. Statement II is true as there were indeed approximately 425,000 ATMs in the U.S. around 2009.

Statement I: Processing a Teller Transaction Costs More Than Double