How Does an Automated Teller Machine Aid in the Customer's

question 77

Multiple Choice

How does an automated teller machine aid in the customer's ability to conduct transactions whenever needed?

• A) By processing payments in real time, electronically
• B) By allowing a customer to have a line of credit until business can be conducted within regular banking hours
• C) By taking deposits and making loans on demand
• D) By allowing electronic account-related activities every day of the week, 24 hours a day
• E) By transferring funds from the Reserve Bank to meet transaction needs

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Definitions:

Ethnic Subcultures

Groups within a larger culture that have distinct characteristics related to ethnicity, such as language, traditions, or cultural practices.

Multiculturalism

Multiculturalism is the acknowledgment, acceptance, and promotion of diverse cultural backgrounds within a society, emphasizing their contributions to the enrichment of the communal fabric.

Cultural Diversity

The presence of various cultural or ethnic groups within a society or organization, enriching its social fabric.

Pluralism

A condition or system where multiple groups, cultures, or entities coexist within a society and maintain their differences.