Which of the Following Observations Is NOT True

question 62

Multiple Choice

Which of the following observations is NOT true?

• A)The use of electronic methods of payment is far higher in major developed countries other than the United States.
• B)E-money payments are virtually nonexistent in the United States.
• C)Money stored in e-money accounts and cards is covered by deposit insurance.
• D)U.S.FIs have been slow in adopting and using online banking and electronic payment methods extensively.
• E)All of the options.

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Definitions:

Evaluate

To assess or examine something in order to gain an understanding of it, often leading to a judgment or conclusion.

Nearest Cent

Rounding a monetary amount to the closest cent, commonly used in cash transactions to simplify payment.

Evaluate

To evaluate or ascertain the worth, importance, or state of something by conducting a thorough examination and analysis.

Evaluate

To calculate the value of an expression or determine the outcome of an equation based on given values or conditions.