For Banks,one Benefit from Implementing Online Banking Is __________

question 13

Multiple Choice

For banks,one benefit from implementing online banking is __________.

• A)it offers an inexpensive alternative to branch banking
• B)transaction costs are about 40% lower than at a physical branch
• C)margins are higher because interest rates offered to customers are lower
• D)all of the above

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Definitions:

According To Budget

In alignment with, or not exceeding, the planned or allotted amount of money for a project, department, or organization.

Project Management

The application of processes, methods, skills, knowledge, and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters.

Budgetary Responsibility

The obligation to manage financial resources within the limits of an approved budget in an organization.

Overall Planning

The comprehensive process of setting goals, defining strategies to achieve those goals, and developing tasks and schedules to implement the strategies.