Which of the following is NOT an example of virtual money? A) store g

QUESTION

Which of the following is NOT an example of virtual money?

A) store gift cards during the holiday season
B) parking meters paid via the driver’s cellphone
C) online bill paying from a person’s checking account
D) secure cashier’s checks printed by a bank
E) rechargeable radio-frequency transit fare cards

ANSWER

Answer: D
Explanation: D) The term virtual means something that is created, simulated, or carried on by a computer network. Cashier’s checks are a physical piece of paper used to guarantee the funds to the payee.