ATMs Let Customers of Banks Make Deposits and Withdrawals While

question 159

Multiple Choice

ATMs let customers of banks make deposits and withdrawals while in a shopping centre or supermarket 24 hours a day. What do the letters ATM stand for?

• A) accounting transfer machine
• B) accounting transfer management
• C) automatic transfer machine
• D) automated teller machine

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Definitions:

Profitability

A measure of how effectively a company generates profit from its revenues or assets.

Debt And Equity

The two major sources of financing for a company, where debt involves borrowing money to be repaid, and equity involves raising money by selling interests in the company.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods, allowing for the assessment of trends and growth patterns.

Decrease

The act or process of becoming smaller in size, amount, number, or level.