A Means for Performing Financial Transactions Through a Computer Terminal

question 135

Multiple Choice

A means for performing financial transactions through a computer terminal or telephone hookup is

• A) a NOW transaction.
• B) an electronic funds transfer system.
• C) the Federal Reserve System.
• D) the clearinghouse.
• E) an open-market operation.

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Definitions:

Active Listening

A communication technique where the listener fully concentrates, understands, responds, and then remembers what is being said.

Interviewing

The process of asking questions and obtaining answers from people, often used in research, journalism, or employment selection.

Lecture Presentation

A formal talk or speech given to an audience or class, often involving educational or informative content and visual aids.

Acknowledges

Acknowledges refers to the act of recognizing or admitting the existence, truth, or fact of something.