Which of the following is true regarding types of electronic fund systems?
A) Automated teller machines and pay-by-telephone systems are types of electronic fund systems;but neither point-of-sale systems nor direct deposit systems are types of electronic fund systems.
B) Automated teller machines,point-of-sale systems,and direct deposits are all types of electronic fund systems;but a pay-by-telephone system is not a type of electronic fund system.
C) An automated teller machine is a type of electronic fund system;but pay by telephone systems,point-of-sale systems,and direct deposits are not types of electronic fund systems.
D) Automated teller machines,pay-by-telephone systems,point-of-sale systems,and direct deposits are all types of electronic fund systems.
E) Automated teller machines and point-of-sale systems are types of electronic fund systems;but neither a direct deposit system nor a pay-by-telephone system is a type of electronic fund system.
Correct Answer:
Verified
Q39: A check for which both the drawer
Q40: If a customer makes a deposit over
Q41: time is the period between the time
Q42: If a customer does not notify the
Q43: Which of the following was the result
Q45: Regardless of the care used in cashing
Q46: [Bad Check] Alana,a bank teller,saw that customer
Q47: Sam did not keep track of his
Q48: Generally,when an endorsement on a check has
Q49: _ allows a consumer to directly transfer
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents