Which of the Following Is Becoming Less Relevant with the Proliferation

question 83

Multiple Choice

Which of the following is becoming less relevant with the proliferation of online banking?

• A)Cheque registers
• B)Overdraft protection
• C)Stop payment services
• D)Debit cards

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Definitions:

Credit Side

The right side of an accounting ledger where increases in liabilities, equity, and revenue, or the decrease in assets, are recorded.

T Account

A visual representation of a ledger account that displays both the debit and credit sides to track the balance of financial transactions.

Chronological Order

Organizing events or actions by the order in which they occurred in time.

Error Location

The process or act of identifying the specific spot within a data set, document, or system where a mistake or discrepancy has occurred.