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Question 1:
(a) Briefly explain the Electronic Data Interchange (EDI), and list the benefits of EDI.
(b) List and describe the main components of MACSS.
(c) Explain briefly how the S.W.I.F.T FIN Y-Copy works and outline the three main roles of the MACSS control system.
(d) List down the three non-value functions (RTGS) related enquiries that are supported by MACSS participants interface (Web Server).
Question 2:
(a) Define e_check.and list two benefits of e_check.
(b) Using Authorise.net portal as an example, describe the steps how e_check works.
(c) What Is Online Futures Trading? What are the advantages and disadvantages of online future trading?
(d) Explain the E_Cash concept, its advantages and disadvantages.
(e) In managing the strategic risk associated with e-banking services, financial institutions should develop clearly defined e-banking objectives by which the institution can evaluate the success of its e-banking strategy. What are the e-banking objectives that should be taken into consideration?
What was the first argument against traditional approach The first argument against traditional approach was based on its emphasis on issues relating to procurement of funds by
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#queThe opening balance of one of the 31-day billing cycles for Lorenzo''s credit card was $4100, but after 15 days Lorenzo made a payment of $2300 to decrease his balance, and it
Q. Long and short dated volatility? 1. If an investor purchase long-dated volatility as well as sells short-dated volatility then the investor is expecting a decrease in the sh
WHAT IF BALANCE DOES NOT EXIT
Inventory days (Average inventory/Cost of sales) x 365days Average inventory can be arrived by taking this year's and last year's inventory values and dividing by 2 - (Ope
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How to get cost differential when 100% done by a single party only.
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