The Term ________ Refers to the Computer and Electronic Technology

question 58

Multiple Choice

The term ________ refers to the computer and electronic technology that makes it possible for banks to offer electronic payment and collection systems to bank customers.

• A) electronic protocols application software (EPAS)
• B) electronic funds transfer system (EFTS)
• C) originating depository financial institution (ODFI)
• D) open real-time currency application (ORCA)

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Definitions:

Mores

Social norms that are widely observed and have great moral significance, guiding the moral and ethical behavior within a society.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action for an individual or organization.

Culture Wars

Conflicts between groups with differing ideals, beliefs, and practices regarding cultural, moral, and religious issues.

Folkway

Informal norms or everyday customs that govern behavior in society, often seen as traditional behaviors that are passed down through generations.