Multiple choice

In real on-line banking,

  1. transactions are entered through the terminal and recorded immediately, but updations are done later on

  2. transactions are entered through the terminal and recorded immediately, but authentication, verification and updations are done later on

  3. transactions are entered through the terminal and then they are recorded, verified, authenticated and corresponding updations are reflected instantly.

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The process of online banking follows this process. Transactions are entered through the terminal and then they are recorded, verified, authenticated and corresponding updations are reflected instantly.