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  • Question
  • After a credit card transaction has been authorized by theissuing bank by sending an authorization code to themerchant, the settlement stage of the process begins. Whichof the following is a system type used to process suchstatements?


  • Options
  • A. Multitasking
  • B. Memory Processing
  • C. Level Processing
  • D. Batch Processing

  • Correct Answer
  • Batch Processing 

    Explanation

    After a credit card transaction has been authorized bythe issuing bank by sending an authorization code tothe merchant, the settlement stage of the processbegins. This is called batch processing because anumber (or batch) of transactions is settled all at onetime.

  • Tags: Bank Exams

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    • Options
    • A. Graphical Universal Interface
    • B. Graphical User Interface
    • C. Graphical User Integration
    • D. Graphical Universal Integration
    • Discuss
    • 2. An image created to accompany words is called

    • Options
    • A. A Heirogylph
    • B. An Illustration
    • C. A Logo
    • D. An Icon
    • Discuss
    • 3. VPN's are implemented to provide

    • Options
    • A. A secure connection through public networks
    • B. Additional security for selected computers
    • C. A secure connection within a private network
    • D. Additional encryption by using IPSec
    • Discuss
    • 4. Which keystroke is used for updating a field?

    • Options
    • A. F11
    • B. F12
    • C. F6
    • D. F9
    • Discuss
    • 5. Switching between portrait and landscape modes involves the

    • Options
    • A. print layout view
    • B. Arc map
    • C. header and footer toolbar
    • D. page setup dialog box
    • Discuss
    • 6. There is a network that can connect networks ranging from small location or area to a bigger range including public packet network and large corporate networks. That networks enterprise allows users to share access to applications,services and other centrally located resources. Its ability for a huge geographical access has transformed networking.Which among the following is that network?

    • Options
    • A. SAN
    • B. CAN
    • C. LAN
    • D. WAN
    • Discuss
    • 7. Which cloud is a cloud computing environment that uses amix of on-premises, private cloud and third-party, publiccloud services with orchestration between the two platformsand it is particularly valuable for dynamic or highlychangeable workloads?

    • Options
    • A. Dynamic Cloud
    • B. Advance Cloud
    • C. Hybrid Cloud
    • D. Sharing Cloud
    • Discuss
    • 8. A router is a networking device that forwards data packetsand is connected to two or more data lines from differentnetworks. Which among the following was the earliestdevice which had almost the same functionality as that of a router?

    • Options
    • A. Interface Delay Device
    • B. Interface Traffic Manager
    • C. Interface Routing Processor
    • D. Interface Message Processor
    • Discuss
    • 9. Android is a mobile operating system designed primarilyfor touch screen mobile devices such as smartphones andtablets. Which among the following was the first Android Operating System?

    • Options
    • A. Cupcake
    • B. Alpha
    • C. Gingerbread
    • D. Doughnut
    • Discuss
    • 10. In a Windows-based computer, two files cannot be in the same folder if

    • Options
    • A. they have different names, but same creation date
    • B. they have different names, but are of same file type
    • C. they have same name, and are of same file type
    • D. they have same name, but are of different file type
    • Discuss


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