Performing Financial Transactions Through a Computer Terminal or Telephone Hookup

question 50

True/False

Performing financial transactions through a computer terminal or telephone hookup is referred to as an EFT system.

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Definitions:

Toshiba

A multinational conglomerate based in Japan, known for its diverse products and services, including electronics and energy systems.

Self-Regulation

The ability of an individual or organization to regulate itself without intervention from external bodies, often applied to maintaining ethical standards.

Legislation

The process of enacting laws by a governmental body or the body of laws that have been enacted.

Government Legislatures

Official organizations or bodies in a country that have the power to make, change, or repeal laws.