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Question 1:
(a) Briefly explain the Electronic Data Interchange (EDI), and list the benefits of EDI.
(b) List and describe the main components of MACSS.
(c) Explain briefly how the S.W.I.F.T FIN Y-Copy works and outline the three main roles of the MACSS control system.
(d) List down the three non-value functions (RTGS) related enquiries that are supported by MACSS participants interface (Web Server).
Question 2:
(a) Define e_check.and list two benefits of e_check.
(b) Using Authorise.net portal as an example, describe the steps how e_check works.
(c) What Is Online Futures Trading? What are the advantages and disadvantages of online future trading?
(d) Explain the E_Cash concept, its advantages and disadvantages.
(e) In managing the strategic risk associated with e-banking services, financial institutions should develop clearly defined e-banking objectives by which the institution can evaluate the success of its e-banking strategy. What are the e-banking objectives that should be taken into consideration?
Q. Consequence of the cash operating cycle? The cash operating cycle is the length of time among paying trade payables and receiving cash from receivables. It is able to be cal
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The coupon rate of these types of bonds is adjusted periodically at a fixed margin over a reference rate. It can be adjusted southward only and once it is adjuste
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