FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

State and elaborate on at least three examples and benefits of organizations using electronic payment systems. In your answer indicate two examples of how electronic

State and elaborate on at least three examples and benefits of organizations using electronic payment systems. In your answer indicate two examples of how electronic payment systems are implemented?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Electronic payment systems offer numerous benefits to organizations including increased efficiency convenience security and cost savings Here are thre... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Business Ethics

Understanding Business Ethics

Authors: Peter A. Stanwick, Sarah D. Stanwick

3rd Edition

1506303234, 9781506303239

More Books

Students also viewed these Banking questions

Question

Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...

Answered: 1 week ago

Question

Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...

Answered: 1 week ago

Question

can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...

Answered: 1 week ago

Question

★★★★★
Write MATLAB code of the question. Do all parts and show code with comments and also attach a screenshot of code and outputs. Using the results of Problem 4.13, verify the following properties of WN...

Answered: 1 week ago

Question

★★★★★
Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. Classify the...

Answered: 1 week ago

Question

★★★★★
In Exercises 4748, find an nth-degree polynomial function with real coefficients satisfying the given conditions. If you are using a graphing utility, graph the function and verify the real zeros and...

Answered: 1 week ago

Question

★★★★★
For an interarrival distribution F having mean , we defined the equilibrium distribution of F, denoted Fe, by?

Answered: 1 week ago

Question

★★★★★
Gabriela Manufacturing must decide whether to insource (make) or outsource (buy) a new toxic-free carpet cleaner that works with its Miracle Carpet Cleaning Machine. If it decides to insource the...

Answered: 1 week ago

Question

★★★★★
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded duting a recent month is shown below. a. $76,800 in raw materials were...

Answered: 1 week ago

Question

★★★★★
1. Mainland purchased a machine for $85,000 on 1 January 20x7 and assigned it a useful life for 10 years. On 31 March 20x9 it was revalued to $93,000 with no change in useful life. Complete the table...

Answered: 1 week ago

Question

★★★★★
The PV of a cash flow stream is $1,922.51.It is based on a $300 investment today, a $400 investment at the end of year 1, $X investment at the end of year 2, and a $900 investment at the end of year...

Answered: 1 week ago

Question

★★★★★
Burdeno Appliances has two divisions, Sales and Financing. Sales is responsible for selling Burdenos inventory and maintaining inventory for future sale. Financing Division takes loan applications,...

Answered: 1 week ago

Question

★★★★★
Jason went to the post office and bought both 41-cent stamps and 26-cent postcards and spent $10.28. The number of stamps was 4 more than twice the number of postcards. How many of each did he buy?

Answered: 1 week ago

Question

★★★★★
Albany Division is considering the acquisition of a new asset that will cost $540,000 and have a cash flow of $184,000 per year for each of the four years of its life. Depreciation is computed on a...

Answered: 1 week ago

Question

★★★★★
On January 1, 2020, Abbey acquires 90 percent of Benjamin's outstanding shares. Financial information for these two companies for the years 2020 and 2021 follows (credit balances indicated by...

Answered: 1 week ago

Question

★★★★★
(Common-size analysis and differences in profitability and leverage) Comparative financial statement data for Cool Brewery Ltd. and Northern Beer Ltd., two competitors, follow (amounts in thousands):...

Answered: 1 week ago

Question

★★★★★
Success Company has just received its bank statement for the month of July 201X from its bank. No outstanding checks were carried over from June and no deposits in transits were noted at the end of...

Answered: 1 week ago

Question

★★★★★
Consider the combustion of methanol below. If 64 grams of methanol reacts with 160 grams of oxygen, what is the CHANGE in volume at STP. 2CH3OH(g) + 3O2(g) 2CO2(g) + 4H2O(1) The volume decreases by...

Answered: 1 week ago

Question

★★★★★
Diversity is an important issue in all organizations. What is the importance of addressing diversity, and how can diversity be achieved?

Answered: 1 week ago

Question

★★★★★
In his January 1971 review of the Ford Pinto, New York Times car reviewer John Radosta stated that Ford had finally developed a car to compete with the compact cars coming from Europe and Japan....

Answered: 1 week ago

Question

★★★★★
Which of the teleological frameworks most closely match your ethical beliefs? Under what circumstances would you shift toward another of the frameworks? For example, if you were trapped in downtown...

Answered: 1 week ago

Question

★★★★★
=+86. The derailment of a freight train due to the catastrophic failure of a traction motor armature bearing provided the impetus for a study reported in the article Locomotive Traction Motor...

Answered: 1 week ago

Question

★★★★★
=+b. Estimate the difference between true average breaking force in a dry medium at 37 and true average force at the same temperature in a wet medium, and do so in a way that conveys information...

Answered: 1 week ago

Question

★★★★★
=+a. What is P(x1 , ), the probability that the first observation is smaller than the median?

Answered: 1 week ago

Previous Question Next Question