what are the advantages and disadvantages of a MICR
Answers
Answer:
Benefits or advantages of MICRFollowing are the benefits or advantages of MICR:➨In spite of rough handling, one can read the MICR information with high degree of accuracy. ➨The processing of MICR information is fast. ➨It offers greater security compare to OCR technology as printed characters can not be altered. ➨There is no manual input and hence errors are reduced. ➨The characters can be read even if somebody write on them. This is due to the fact that special ink containing iron particles is used to print the characters. ➨The document is not easy to forge.
Disadvantages of MICR
Following are the drawbacks or disadvantages of MICR:
➨It can recognize only 10 digits & 4 special characters.
➨Alphanumeric characters are not used in MICR. Only certain characters can be read.
➨It is more expensive method of data entry.
Explanation:
Answer:
Benefits or advantages of MICR
Following are the benefits or advantages of MICR:
➨In spite of rough handling, one can read the MICR information with high degree of accuracy.
➨The processing of MICR information is fast.
➨It offers greater security compare to OCR technology as printed characters can not be altered.
➨There is no manual input and hence errors are reduced.
➨The characters can be read even if somebody write on them. This is due to the fact that special ink containing iron particles is used to print the characters.
➨The document is not easy to forge.
Drawbacks or disadvantages of MICR
Following are the drawbacks or disadvantages of MICR:
➨It can recognize only 10 digits & 4 special characters.
➨Alphanumeric characters are not used in MICR. Only certain characters can be read.
➨It is more expensive method of data entry.