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O-LevelCommerceBanking7100/12 · Oct/Nov 2016 · Q321 Mark

Which statement about Automatic Teller Machines (ATM) is correct?

APIN has to be keyed in to withdraw cash.

BAn ATM can be used to exchange notes for coins.

CAn ATM can be used to order goods from online retailers.

DYou can set up payments by direct debit.

✓ Correct answer

A: PIN has to be keyed in to withdraw cash.

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About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 2, question 32.

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