Optical Mark Recognition (OMR) and Optical Character Recognition (OCR) Are

question 57

Short Answer

Optical mark recognition (OMR) and optical character recognition (OCR) are the two categories of a(n) _____.

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Definitions:

Legal Representation

The act of having a lawyer or attorney act on behalf of an individual or entity in legal matters.

Prepaid Expense

Prepaid Expense represents payments made in advance for goods or services to be received in the future, recognized as an asset until the benefit is consumed.

Insurance Policy

A contract between an insurer and policyholder specifying the terms and conditions under which the insurer agrees to compensate the policyholder for specified losses.

Paid

Refers to the status of an account or invoice on which the due amount has been settled.