Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which of the following statements about ATMs is correct?
Which of the following statements about ATMs is correct?
- ATMs can only be used during business hours
- ATMs do not accept deposits or utility bill payments
- ATMs allow account holders to view balances and transfer money (correct)
- ATMs can only be used to withdraw funds
What is the main advantage of using an ATM?
What is the main advantage of using an ATM?
- ATMs provide a physical teller for assistance
- ATMs can only be used by holders of magnetic encoded cards
- ATMs allow 24/7 access to funds and account services (correct)
- ATMs require manual input of account information
Which of the following is NOT a function of an ATM?
Which of the following is NOT a function of an ATM?
- Meeting with a physical teller (correct)
- Viewing account balances
- Obtaining funds
- Ordering check books
What additional services can some ATMs provide?
What additional services can some ATMs provide?
Signup and view all the answers
What type of card is required to use an ATM?
What type of card is required to use an ATM?
Signup and view all the answers
What additional service can some ATMs provide?
What additional service can some ATMs provide?
Signup and view all the answers
