Question

Name the technology that reads iron oxide ink
preprinted or encoded on cheques, deposit
slips or on a document.
A) MICR
B) OCR
C) Barcode reader​

Answer 1

Answer:

ma dude it's MICR (A)

Explanation:

Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents. MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount (usually added after a cheque is presented for payment), and a control indicator. The format for the bank code and bank account number is country-specific.

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