A Payment System That Uses Computerized Electronic Impulses to Effect

question 162

True/False

A payment system that uses computerized electronic impulses to effect a cash transaction is called electronic funds transfer (EFT).

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Definitions:

Decenter

The cognitive ability to consider multiple aspects of a situation or perspective other than one's own, crucial in the development of empathy and critical thinking.

Interpret

The act of explaining the meaning of something; to provide an understanding or conceptualization of something.

Myelination

The process of forming a myelin sheath around the nerves to improve the speed of signal transmission.

Corpus Callosum

A network of fibers that connects the right and left cerebral hemispheres of the brain. Its maturation from early childhood through adolescence contributes to coordination and integration of information and aids in the development of consciousness.