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____________________ Is Generally Defined as Carrying Out Banking Transactions and Other

question 35

Multiple Choice

____________________ is generally defined as carrying out banking transactions and other related activities via mobile devices. The services offered include bill payments and money transfers, account administration and check book requests, balance inquiries and statements of account, interest and exchange rates, and so on.


Definitions:

Transactions

The exchange or transfer of goods, services, or funds between two or more parties.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may begin and end at any point during the calendar year.

Journalize

The process of recording transactions into the accounting journal as part of the accounting record-keeping system.

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