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Which of the Following Was the First Large-Scale Digitally Enabled

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Which of the following was the first large-scale digitally enabled transaction system in the B2C arena?


Definitions:

Bank Errors

Mistakes made by a bank in the accounting records or transactions related to a customer's account.

Bank Reconciliation

Bank reconciliation is a process that matches the balance on a company’s books to the corresponding amount on its bank statement, confirming that figures are correct and in agreement.

Accounting Records

Financial documents and files that systematically record all monetary transactions of an entity.

Cash Account

An account that records all transactions involving cash inflows and outflows.

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