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An Event-Driven Program Checks for and Responds to Events

question 95

True/False

An event-driven program checks for and responds to events.


Definitions:

Making Payments

The act of transferring money or its equivalent to another party as fulfillment of an obligation, such as repaying a loan or settling a bill.

Account Orders

Instructions to buy or sell securities or commodities that are given to a brokerage firm for execution.

Bank

A financial institution licensed to receive deposits, offer loans, and provide other financial services such as currency exchange and wealth management.

Check

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

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