Which of the Following Involves the Process of Defining Concepts

question 44

Multiple Choice

Which of the following involves the process of defining concepts by describing how they are being measured?

• A) conceptualization
• B) triangulation
• C) operationalization
• D) reliability

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Definitions:

Stale Check

A check that is not presented to a bank within six months of its date.

Properly Payable Rule

A principle in banking law where banks are only obligated to pay checks that are correctly drawn up and meet all legal requirements.

Electronic Fund Transfer

The electronic transfer of money between accounts, facilitated by a network of computers, allowing for quick and secure transactions without the need for physical exchange of cash or checks.

Wire Transfer

An electronic method of transferring funds directly from one person or entity's bank account to another's across financial institutions.