Communication Services and Payment Systems Quiz
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Questions and Answers

Which of the following best describes Communication Services?

  • Institutions used to settle financial transactions
  • Providers that transport information electronically (correct)
  • Outsourced enterprise solutions for managing financial transactions
  • Online platforms for managing advertising campaigns
  • Payment System refers to

  • A system for managing advertising campaigns
  • A system for outsourcing enterprise communications
  • A system for settling financial transactions (correct)
  • A system for generating reports
  • What do Advertising Platforms allow users to do?

  • Create and manage advertising campaigns (correct)
  • Settle financial transactions
  • Generate reports on enterprise communications
  • Transport information electronically
  • How have online transactions impacted payments and money transfer?

    <p>Made it more comfortable and convenient</p> Signup and view all the answers

    What types of companies can be considered Communications Service Providers (CSPs)?

    <p>Companies involved in telecom, internet, cable, satellite, and managed services business</p> Signup and view all the answers

    True or false: Communication Services are solutions that can be leased from multiple vendors or providers.

    <p>False</p> Signup and view all the answers

    True or false: A Communications Service Provider (CSP) can only include public companies in the telecom industry.

    <p>False</p> Signup and view all the answers

    True or false: Payment System involves the transfer of non-monetary value.

    <p>False</p> Signup and view all the answers

    True or false: Advertising Platforms are primarily used for managing social media campaigns.

    <p>False</p> Signup and view all the answers

    True or false: Online transactions have made payments and money transfer more convenient for people.

    <p>True</p> Signup and view all the answers

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