Which of the following is a method of transferring money from one person's account to another?

A electronic check
B credit card
C e‐transfer
D none of the above

Correct Answer: electronic check

Electronic check is a method of transferring money from one person's account to another. An electronic check, also referred to as an e-check, is a form of payment made via the Internet, or another data network, designed to perform the same function as a conventional paper check.
Bissoy MCQ
#Commerce #ECommerce

Related Questions

Consider the following table named 'account' . What is the correct SQL to get all the account information of 'Motijheel' branch. Account ID 10001 10002 10003 Account Holder Md. Humaun Kabir Ruhul Amin Aminul Hossain Account type Savings Savings Business Branch Motijheel Uttara Motijheel
A SELECT * FROM account
B SELECT * FROM Account WHERE Branch =Motijheel
C SELECT * FROM account WHERE Branch = Motijheel
D SELECT ALL FROM Account WHERE Branch = Motijheel
Kalam has invested a part of 10,000 Taka in an account that pays 6% simple interest rate each year and rest of the money in another account that pays 8% simple interest per year. If he has invested the money for 18 months and he has invested the money for 18 months and he earns a total of 1,020 Taka as interest, what is the difference in the amount of the interest earned on both the accounts?
A 40 Taka
B 60 Taka
C 100 Taka
D 120 Taka
Arman wanted to have Tk. 39,200 as interest after 5 years. He has invested an amount in an account for 1 year at 8% interest rate. From the 2nd year, he invested the principal amount in another account offering 10% interest for 3 years. At the beginning of the fifth year he invested the Principal amount in another account at the rate of 11%. What was the principal amount? (assume simple interest rate)
A Tk. 50,000
B Tk. 80,000
C Tk. 70,000
D Tk. 90,000
E None of them
Milo has the year-end balances as follows: Account receivables TA. 5000; Supplies TA. 12,000; Equipment's TA. TA. 18,000; Accounts payable TA. 17,000 and Owner's equity TA. 43,000. The cash account balance was not available at year-end, Given the account balances listed, the balance in the cash account should be:
A TA. 25,000
B TA. 95,000
C TA. 43,000
D Can't be determined
Which of the following TCP/IP protocol is used for transferring electronic mail messages from one machine to another?
A FTP
B SNMP
C SMTP
D RPC
E None of the above
Which of the following TCP/IP protocol is used for transferring files from one machine to another?
A RARP
B ARP
C TCP
D FTP
E None of the above
What TCP/IP protocol is used for transferring electronic mail messages from one machine to another?
A FTP
B SNMP
C SMTP
D RPC
E None of the above
The bond formed by transferring electrons from one atom to another is called
A Ionic bond
B Covalent bond
C Metallic bond
D None of these
Five years ago, Tk. 1,200 was deposited into a savings account paying 4.5% interest. Today, the balance in the account is Tk. 1,495. If interest paid on the account was compounded annually, how much interest on interest was earned?
A Tk 25.00
B Tk. 93.10
C Tk. 102.39
D Tk. 130.28
Milo has the year- end balances as follows Account receivables TA/ 5000 . Supplies TA. 12,000 Equipment's TA. 18,000 Accounts payable TA. 17,000 and Owner's available at year-end Given the account balances listed. the balance in the cash account should be:
A TA.25,000
B TA.95,000
C TA.43,000
D can't be setermined

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