ATARMAxxing · WACE Year 11 Accounting and Finance revision notes
Electronic processing and payment systems
Unit 2: Accrual accounting · Unit 2 Financial institutions and systems: Financial institutions
What this note covers
- EFTPOS: paying at the counter electronically
- Electronic bill payment and direct debits
- Credit cards: accepting them and using them
- Online banking and choosing a method
4 sections · 9 key terms & formulas · 5 common mistakes
Common questions
What does the WACE Year 11 Accounting and Finance note "Electronic processing and payment systems" cover?
This note has 4 sections on Electronic processing and payment systems. It includes 9 key terms and formulas, plus 5 common mistakes. It covers U2, Unit 2 Financial institutions and systems: Financial institutions. The full section list is shown under “What this note covers”.
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2 original practice exams with worked solutions, 12 revision notes, 120 practice questions and 144 flashcards.
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