Which of the Following Is Not a Mobile Application in Financial

question 9

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:

Trademark

A legal designation of exclusive use of a brand or product name.

Goodwill

An intangible asset that represents the portion of the business value that cannot be attributed to other business assets.

Loss on Disposal

The financial loss incurred when an asset is sold for less than its carrying value on the books.

Other Revenue

Income generated from activities not related to a company’s primary operations.