Which of the Following Distinguishes a Cheque from an Internet

question 61

Multiple Choice

Which of the following distinguishes a cheque from an Internet transaction?

• A) Electronic transfers are instantaneous.
• B) A cheque leaves a paper trail.
• C) A cheque increases efficiency.
• D) Verification is absent.

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Definitions:

Economies of Scale

Businesses achieve cost benefits as a result of their operational size, where the cost for each produced unit diminishes as the size of operation expands.

Functional Lines

Divisions within an organization that are categorized based on specific functions or roles, such as marketing, finance, or operations.

Employee Performance

An assessment of how effectively an employee performs their job duties and responsibilities.

Similar Skills

Refers to abilities or expertise that are closely comparable or match very closely between individuals or within various contexts.