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Question: 1which type of company is most likely to use micr...

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1.Which type of company is most likely to use MICR?

Bank

Grocery store

Phone company

Web site seller

2.An advantage of using a LAN is the ability to share computer files and equipment.

True or False?

3."Application software that enables businesses and government agencies to maintain, transmit and manipulate financial data on an organization-wide basis best describes:"

Enterprise resource planning (ERP) software

Communication software

CAD software

Programming software

4.MICR is most closely associated with:

The banking industry

The airline industry

The data communications industry

Manufacturing

5.Wireless data communications refers to the ability to transmit data over fiber optic cables instead of twisted pair wires.

True or False

6.Equipment that gathers accounting data at the point at which a sale is made are sometimes called POS devices

True or False

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