Which retail payment order displays a very high number of transactions but relatively low total value of transactions?
A) Cash.
B) Cheques.
C) Credit and debit cards.
D) Direct debits.
E) Direct credits.
Correct Answer:
Verified
Q45: Which statement regarding cheques is INCORRECT?
A)Cheques were
Q46: The account that a financial institution has
Q47: Identify the correct statement regarding cash:
A)Cash is
Q48: Inter-ADI payment orders:
A)transfer funds between accounts held
Q49: The RBA provides two mechanism to help
Q51: Which of the following statements is NOT
Q52: During the early morning RTGS session (7.30am
Q53: The very large number of retail payment
Q54: The organisation responsible for controlling risks and
Q55: Which retail payment mechanism has experienced the
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