Which of the Following Is the Best Definition of Smart

question 291

Multiple Choice

Which of the following is the best definition of smart card?

• A) The need to hold cash to take advantage of additional investment opportunities, such as bargain purchases.
• B) Much like an automated teller machine card; one use is within corporations to control access to information by employees
• C) Bank makes proceeds of cheques deposited available the same day before cheques clear.
• D) The need to hold cash as a safety margin to act as a financial reserve.
• E) Special post office boxes set up to intercept and speed up accounts receivable payments.