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Exam (elaborations)

IGCSE ICT_ banking applications

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IGCSE ICT_ banking applications

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  • July 5, 2024
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  • 2023/2024
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IGCSE ICT: banking applications
ATM - correct answer-Automatic Teller Machine

ATMS are cash machines which can be used for: - correct answer-withdrawing cash,
depositing money, checking the balance of accounts, transferring money between accounts

1) - correct answer-Insert card

2) - correct answer-Type PIN (Personal Identification Number)

3) - correct answer-Choose transaction

4) - correct answer-Follow instructions

5) - correct answer-Take cash/Take statement/ Deposit cash

6) - correct answer-Take card out

Cheques clearing (Processing Cheques) - correct answer-Each cheque is passed through
an MICR Reader that can read special numbers

2nd - correct answer-Ink numbers are read

3rd - correct answer-Handwritten part (payee + value of payment) read by OCR or input
manually

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