____________ technology is widely used in the banking industry for processing cheques.
AOMR
BOCR
CMICR
DAll of the above
Answer:
C. MICR
Read Explanation:
• MICR stands for Magnetic Ink Character Recognition, and it's a technology used to process and verify the legitimacy of checks and other financial documents. MICR codes are unique 9-digit codes that are typically printed at the bottom of checks and bank passbooks
