The Increased Use of Wire Transfers as a Replacement for Cheque

question 76

True/False

The increased use of wire transfers as a replacement for cheque and cash payments has decreased the risk of fraud.

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Definitions:

Day Trader

An investor who buys and sells securities within the same trading day, often taking advantage of small price movements.

Random Sampling

A statistical method for selecting a subset of individuals from a larger population in such a way that each individual has an equal chance of being chosen.

Market Researchers

Professionals who study consumer preferences, behaviors, and market trends to inform business strategies and product development.

Weekly News Magazine

A publication that summarizes and analyzes news stories on a weekly basis, often covering a wide range of topics.