What does the specialized banking code standard acronym MICR translate to?
A. Magnetic Information Code Recognition
B. Management Ink Character Registration
C. Magnetic Ink Character Reader
D. Magnetic Ink Character Recognition
Answer: Option D
Solution (By JKExamLibrary)
The transaction validation acronym MICR maps directly into Magnetic Ink Character Recognition, checking specialized magnetic ink profiles on bank documentation.
Explanation:
EEPROM stands for Electrically Erasable Programmable Read-Only Memory. It is a type of non-volatile memory that can be erased and reprogrammed using an electrical charge.
Explanation:
DDR stands for Double Data Rate. It refers to advanced memory transfer techniques that transfer data on both the rising and falling edges of the clock signal.
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