Question

Bigbux Bank has always tried to make use of the newest technologies to expand the services it offers to its customers. For example, depositors can obtain updated financial information about their accounts and handle certain types of transactions whenever they wish simply by using the bank's mobile app with fingerprint login. The type of technology Bigbux Bank uses to provide these services is known as
A. information technology.
B. systems processing.
C. data processing.
D. knowledge processing.

Answer 1

Answer: A: Information Technology

Explanation: Information technology is the use of computers or other electronic devices to store, retrieve and process electronic data.

Information technology is used to build, modify, upgrade and implement electronic information imputed into an electronic storage which can be retrieved  by making use of confidential passwords to access their data with the use of an electronic device like computers, laptops, mobile phones, tablets etc.

Information technology is used by all organisations to make their work process easy. Most Banks also makes use of Information technology to carry out their daily operations.

Information technology also makes use of professionals to carry out the process such as software engineers, software developer, networking specialist, programmer amongst others.