Question : What is the function of cash and bank sub-system?
Option 1: receipts and payment of physical cash
Option 2: receipt and payment of electronic fund trnasfer
Option 3: Both 1 and 2
Option 4: None of these
Answer (1)
17th Jan, 2024
Correct Answer: Both 1 and 2
Solution : Cash and Bank sub-system deal with the receipts and payment of physical cash and electronic fund transfer. Hence, the correct option is 3.
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