CourseLover

(12)

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About CourseLover

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 283 Weeks Ago, 1 Day Ago
Questions Answered: 27237
Tutorials Posted: 27372

Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Business & Finance Posted 02 Sep 2017 My Price 10.00

MULTIPLE CHOICE.....!!!!

Question 1

 

1. Payment card service companies charge merchants per-transaction fees and monthly processing fees

 

 True

 

 False

 

QUESTION 2

 

1.  Electronic cash can be traced back to the person who spent it.

 

 True

 

 False

 

QUESTION 3

 

please put  a 1 ,2, or 3 to tell what order they go in….

 

1.  Steps followed once a merchant receives a consumer’s payment card information:

 

Merchant authenticates payment card

 

 

Merchant checks with payment card issuer

 

 

Settlement of balance with the issuer

 

 

QUESTION 4

 

1.  Which is not a disadvantages of electronic cash

 

 

A.

No audit trail

 

B.

Money laundering and fraud

 

C.

Transactions are more efficient

 

D.

Susceptible to forgery

 

QUESTION 5

 

1.  Electronic Cash can not serve as a substitute for government-issued physical currency.

 

 True

 

 False

 

QUESTION 6

 

1.  Electronic Wallets hold credit card numbers, electronic cash, owner identification, and contact information.

 

 True

 

 False

 

QUESTION 7

 

1.  Match the term and definition

 

 

Card issuer pays the merchants that accept the card directly and does not use an intermediary

 

Involve three or more parties (e.g., systems using Visa or MasterCard)

A.

Open loop systems

B.

Closed loop systems

 

QUESTION 8

 

1.  One advantage of electronic cash is that it costs less than processing credit card transactions.

 

 True

 

 False

 

Answers

(12)
Status NEW Posted 02 Sep 2017 07:09 AM My Price 10.00

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