Despite Its Efficiency,MICR Has Created Several Problems Which Include

question 67

Multiple Choice

Despite its efficiency,MICR has created several problems which include:

• A)paying a postdated instrument prior to its date.
• B)customers miscoding checks.
• C)Both of the above.
• D)None of the above.

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Definitions:

Simp

A slang term often used derogatorily to describe someone who is perceived as overly subservient or attentive to someone they are attracted to, often without receiving any acknowledgment or reciprocation.

Add

In mathematical terms, to combine or unite numbers or quantities to get a sum.

Simp

Informal slang, sometimes negative, referring to someone overly subservient to someone else without reciprocation, or excessively valuing someone who does not value them in return.

Conj

A shortened term for conjunction, referring to a compound sentence formed with the word "and" to connect clauses, propositions, or terms.