What is the complete expansion of the financial document validation standard abbreviation MICR? MCQ with Answer and Explanation

What is the complete expansion of the financial document validation standard abbreviation MICR?
A. Magnetic Ink Character Recognition
B. Magnetic Ink Character Reader
C. Management Ink Character Registration
D. Magnetic Information Code Recognition
Answer: Option A
Solution (By JKExamLibrary)
The clearing acronym MICR translates completely into Magnetic Ink Character Recognition, verifying iron oxide check stamps securely to avoid transaction fraud.

This question belongs to: Computer Computer Abbreviations

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In web terminology, what does XHTML stand for?
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Correct Answer: Option C


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In modern storage terminology, what does HDD represent?
A. High Density Drive
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C. Hardware Data Drive
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Correct Answer: Option D


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Correct Answer: Option B


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This question belongs to: Computer Computer Abbreviations