Which of the Following Statements Is True About Electronic Banking

question 18

Multiple Choice

Which of the following statements is true about electronic banking?

• A) The computer computes the new balance each time you record a check.
• B) You will no longer be responsible for recording and depositing checks.
• C) The computer used for banking must be locked up at the end of the day.
• D) You must still reconcile the bank statement on paper.
• E) Cash flow in the office becomes slower and more difficult.

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