Which of the Following Observations Concerning E-Money Is NOT True

question 52

Multiple Choice

Which of the following observations concerning e-money is NOT true?

• A)Check writing lays the foundation of e-money.
• B)E-money removes the middleman from a transaction.
• C)The e-money user transfers the money from his or her bank account to the account of the funds' receiver.
• D)The primary function of e-money is to facilitate transactions on the Internet.
• E)E-money is not a cost efficient way of managing transactions that are small in value.

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Definitions:

Share Points

A term that might refer to locations or platforms for sharing information and collaboration within an organization, often used in the context of document and resource sharing systems.

Marketing ROIs

The return on investment from marketing activities, measuring the profitability and effectiveness of marketing expenditures.

Marketing Resources

Assets such as knowledge, tools, and skills used by organizations to develop, implement, and evaluate marketing strategies.