First Data Corporation Has Developed the GO-Tag,where

question 265

Multiple Choice

First Data Corporation has developed the GO-Tag,where:

• A)you can easily transfer funds from one account to another by implementing your tag number,and pressing "Go".
• B)a chip attached to the vendor's cash register immediately tells the vendor if you have enough funds in your checking account to cover the check you are writing.
• C)electronic funds transfer systems operate in cyberspace,by tagging each step in the process.
• D)a small chip that is attached to a cell phone or smaller card such as a badge that can make a transaction from one account to another without the need to swipe the card.

---

Definitions:

Cash Register Sales Tape

A continuous roll of paper used in cash registers to record sales transactions, providing a real-time sales record.

Invoice

A document sent by a provider of a product or service to the purchaser that specifies the amount due for the product delivered or service provided.

Advertising Brochure

A promotional document designed to introduce, explain, and market a company's products or services to potential buyers.

Cheque

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a designated person.