EFT Is the Use of Electronic Communication to Transfer Cash

question 48

True/False

EFT is the use of electronic communication to transfer cash from one party to another.

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Definitions:

Restricted Range

A situation in which the variability of a variable is constrained or limited, affecting statistical outcomes.

Moderate Relationship

A term describing a level of correlation between two variables that is neither weak nor strong, suggesting some degree of association but not a perfect or near-perfect linear relationship.

Debt-Equity Ratio

An assessment ratio depicting the usage rates of equity and debt in the financing of a company's assets.

Return on Assets

A financial ratio indicating how profitable a company is relative to its total assets, showing how efficient management is at using its assets to generate earnings.