A smart way of moving money from one personal banking account directly to another account is called EFT or electric fund transfer. There is a maximum clearance time of 24 hours for transfer. The most widely-used program is Direct Deposit, in which payroll is deposited straight into an employee's bank account initiated through an electronic terminal, including credit card, Therefore, the following<span> statement regarding EFT is false?</span>
<span>1. </span><span>EFT still requires the endorsement of a check </span>
Answer:
The following statement is 'True'.
Explanation:
There is a software named 'Proprietary software' and also called 'closed-source software', it's non-free software and used to describe the software that is not freely licensed such as operating system, file formats, and system programs. this software is licensed for studying, sharing, modification, redistribution and reverse engineering and has the copyright to use the software under only certain conditions and we can also say that it bears limit against these types of uses.
Every node connects to a central network device. like a hub, switch, or computer.
