MICR stands for
A. Magnetic Ink Character Reader
B. Magnetic Ink Code Reader
C. Magnetic Ink Cases Reader
D. None
Answer:A
MICR stands for
A. Magnetic Ink Character Reader B. Magnetic Ink Code Reader C. Magnetic Ink Cases Reader D. None
Explanation: MICR (Magnetic Ink Character Reader) is kind of scanner that can scan and identify the writing of magnetic ink. This device is used in banks to verify signatures in Checks.