Which Kind of Device Reads the Numbers Printed at the Bottom

question 10

Multiple Choice

Which kind of device reads the numbers printed at the bottom of checks?

• A) Optical Mark Recognition (OMR)
• B) Magnetic Ink Character-Recognition (MICR)
• C) Optical Character-Recognition (OCR)
• D) Universal Product Code (UPC)

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Definitions:

Net Working Capital

A measure of a company's liquidity, calculated as current assets minus current liabilities.

Inventory Sale

The process of selling goods that a company has produced or purchased for resale.

Book Value

The net value of a company's assets minus its liabilities, often used to estimate the company's value if it were to be liquidated.

Accounts Receivable

Money owed to a company by its debtors for goods or services that have been delivered or used, but not yet paid for.