Asked by Kaleigh LaPierre on Jul 14, 2024
Verified
Which of the following refers to the technology used to verify the legitimacy or originality paper documents by using special ink,which is sensitive to magnetic fields to print the characters?
A) Remote Deposit Capture
B) Optical Mark Reader
C) Magnetic Ink Character Recognition
D) Image Processing Check
Magnetic Ink Character Recognition
A technology used to verify the legitimacy and facilitate the processing of checks and other documents, employing magnetic ink.
Special Ink
A unique form of ink used for specific purposes, such as security printing to prevent forgery or duplicity.
Legitimacy
Pertains to the lawfulness or authenticity of something, often referring to the power or authority being recognized as just and rightful.
- Comprehend the processes and legal aspects of check conversion and truncation within electronic banking systems.
Verified Answer
ER
Emely RomanJul 19, 2024
Final Answer :
C
Explanation :
Magnetic ink character recognition is a technology used to verify the legitimacy or originality of paper documents using special ink,which is sensitive to magnetic fields to print the characters.
Learning Objectives
- Comprehend the processes and legal aspects of check conversion and truncation within electronic banking systems.