Practice Finance - 3.3.2 | 3. Importance in Software Development | Advanced Programming
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Describe one function of online banking.

💡 Hint: Think about what you usually do at a bank.

Question 2

Easy

What is fraud detection in finance?

💡 Hint: Consider what banks do to keep your money safe.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is a primary benefit of online banking?

  • Provides 24/7 access
  • Requires physical presence
  • Limits transactions

💡 Hint: Consider what advantages online services offer.

Question 2

True or False: High-frequency trading executes trades at slow speeds.

  • True
  • False

💡 Hint: Think about the name ‘high-frequency’ and what it implies.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how an increase in online banking might impact traditional banking institutions over the next decade.

💡 Hint: Consider how technology disrupts established industries.

Question 2

Formulate a strategy for a bank to implement machine learning fraud detection while ensuring customer trust.

💡 Hint: Focus on balancing technology use with customer concerns.

Challenge and get performance evaluation