Which of the Following Is Not a Mobile Application in Financial

question 95

Multiple Choice

Which of the following is not a mobile application in financial services?

• A) Transaction processing systems
• B) Mobile banking
• C) Wireless electronic payment systems
• D) Micropayments
• E) Wireless wallets

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Definitions:

Accounts Receivable

Amounts owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Accounts Payable

Accounts Payable is a liability account that tracks the amounts a company owes to suppliers or creditors for goods and services received but not yet paid for.

Sales Revenue

The income received by a company from its sales of goods or the provision of services before any costs or expenses are deducted.

Accounts Payable

Liabilities of a business that represent the company's obligation to pay off a short-term debt to its creditors or suppliers.