Debit Card Transactions Are Considered Electronic Funds Transfers

question 247

True/False

Debit card transactions are considered electronic funds transfers.

---

Definitions:

Retirement Plans

Financial strategies or programs that allow individuals to save for their retirement, often with contributions from employers.

Union Demands

Requests or requirements issued by a labor union on behalf of its members, often relating to wages, working conditions, and benefits during negotiations.

Pension Benefits Standards Act

A federal act regulating pension plans in industries under the jurisdiction of the Government of Canada.

Government of Canada

The federal administration or authority in Canada, comprised of the executive, legislative, and judicial branches responsible for national governance.