Multiple choice

An online transaction is

  1. done in real time

  2. done via internet

  3. done via telephone

  4. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Online transactions fundamentally require internet connectivity to execute: the 'online' designation specifically indicates network-based processing. Real-time status is not guaranteed (batch processing exists), and telephone-based transactions fall under different categories. Internet connectivity is the defining characteristic.

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