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

3.3.2 - Finance

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Learning

Practice Questions

Test your understanding with targeted questions

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.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

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.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

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

💡 Hint: Consider how technology disrupts established industries.

Challenge 2 Hard

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.

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Reference links

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