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Micr
What is used to input data from bank cheques?
Which input device is used in banks? Magnetic Ink Card reader (MICR) is a input device used in banks. Which of the following device is used to read th...
Where is it most likey to find a MICR input device?
Where can MICR be found? The MICR code is located on the bottom of a cheque leaf, next to the cheque number. You can also find it printed on the first...
What type of information MICR and magnetic devices contain?
What are the contents of the MICR in order? MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes...
Where would you most likely to come accoss micr input device?
Where is the MICR most commonly used? MICR is most commonly used to encode the bank routing number, account number, and check number along the bottom ...
Optical character reader advantages and disadvantages
What is a disadvantage of an OCR? OCR systems are expensive. There is the need of lot of space required by the image produced. The quality of the imag...
Micr advantages and disadvantages
What is the advantages of MICR? Advantages of MICR There is enhanced security against fraud. It mechanises cheque processing increasing the efficiency...
Compare the use of ocr, omr, micr and keyboard when entering data into a system?
What is the difference between OCR OMR and MICR? OCR is a scanner that scans the pages comprised of texts. MICR is a character scanning technology but...
Which equipment is used to capturing data from cheques?
What device is used for cheque processing? Detailed Solution. The correct answer is MICR. To validate the cheque, banks use Magnetic Ink Character Rea...
What are the advantages of Magnetic Ink Character Recognition?
What is the advantage of using MICR characters? Advantages of MICR There is enhanced security against fraud. It mechanises cheque processing increasin...
What does micr mean in computer terms?
What is MICR and how it works? MICR technique works by passing a physical document such as a cheque containing magnetic ink that needs to be read with...
What is the full form of micr
What is the use of MICR Class 9? MICR (magnetic ink character recognition) is a technology used to verify the legitimacy or originality of paper docum...
What does micr stand for
Does MICR mean account number? Every check that's printed at the same bank in the same state will have the same routing number in the MICR line. The s...