Maya uses e-money consisting of funds stored on microchips in her laptop, phone, and tablet to pay bills. This effectively replaces physical cash with virtual cash in the form of
A) coins and paper currency.
B) electronic impulses.
C) checks.
D) bitcoin.

Question

Quizplus · Accepted Answer

E-money stored on devices like laptops, phones, and tablets is represented as electronic impulses, not physical forms like coins, paper currency, checks, or cryptocurrencies like bitcoin.

Maya Uses E-Money Consisting of Funds Stored on Microchips in Her