Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is not a feature of online banking? Multiple Choice Businesses can receive electronic funds transfers from customer, rather than receiving checks

image text in transcribed

Which of the following is not a feature of online banking? Multiple Choice Businesses can receive electronic funds transfers from customer, rather than receiving checks in the mail. Businesses can initiate electronic funds transfers to vendors from a computer instead of writing checks. Many banks offer security alerts that can immediately identify illegitimate charges to an account. Payments to government agencies for taxes can be submitted online, using the government agency website, to avoid late payment penalties

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions