There Are Numerous Advantages and Disadvantages of On-Line Bill Payment

question 189

Multiple Choice

There are numerous advantages and disadvantages of on-line bill payment systems.Which of the following is a potential advantage?

• A) privacy
• B) FDIC insurance
• C) round-the-clock help
• D) efficient start-up
• E) use of float

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Definitions:

Knowledge Base

The collected information, facts, insights, and understandings an individual or organization possesses.

Automatization

The process by which tasks and processes become automatic and require less cognitive effort through repetition and practice.

Concrete Operational Thought

A stage in Piaget's theory of cognitive development, where children aged 7 to 11 years become capable of logical thought processes but are not yet able to think abstractly.

School-Age Children

Refers to children who are in the age range of attending elementary or primary school, typically ages 5 to 12.