Optical Scanners Equipped with Optical Character Recognition (OCR) Software Were

question 13

Multiple Choice

Optical scanners equipped with optical character recognition (OCR) software were first used by ________.

• A) banks for processing checks
• B) the military for guarding army outposts
• C) supermarkets to monitor shipments
• D) universities to evaluate answer sheets

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Definitions:

Upper Limit

The maximum level or boundary allowed or possible, often used in the context of production, spending, or other types of limits.

Cash Concentration

A treasury management strategy where a company consolidates its cash balances into one account to optimize liquidity and manage its cash more efficiently.

Main Bank Account

The primary checking or savings account used by an individual or business for managing their daily financial transactions and cash flow.

Multiple Accounts

Refers to having more than one account, often in financial or online contexts, to manage different aspects.