2659161
Question 1
Question
What type of processing does MICR cheque clearing use?
Answer
-
Batch Processing
-
Real time processing
Question 2
Question
What type of processing do ATM's use?
Answer
-
Batch processing
-
Real-time processing
Question 3
Question
How are banking details protected?
Answer
-
Biometric entry
-
Encryption
Question 4
Question
What three things must a banking backup system have?
Answer
-
Tandem processors, uninterruptible power supplies and high speed links to transfer data off-site.
-
Uninterruptible power supplies, encryption services and biometric entry.
Question 5
Question
What is a payroll system?
Answer
-
An application that details with information to work out how much you should get paid.
-
A system of recording the amount of jobs that you have had.
Question 6
Question
Employees can fill in timesheets using OMR
Answer
- True
- False
Question 7
Question
Payroll systems use real-time processing
Answer
- True
- False
Question 8
Question
What is the output of a payroll system?
Answer
-
Receipt
-
Payslip
-
Email
Question 9
Question
What does MICR stand for?
Answer
-
Magnetic Ink Character Recognition
-
Multimedia Instillation Removal System
Question 10
Question
Name a service that is able to customers who use an ATM
Answer
-
Pay bills
-
Deposit cash
-
Apply for a loan
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