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WHAT IS A DIRECT DATA ENTRY DEVICE?
WHAT IS A DIRECT DATA ENTRY DEVICE? Most times you have heard of the word direct data entry device, and you keep asking your self what are direct data entry devices. if you are such a person, then having come to this website, that alone shows you are at the right place. but before we go into the meaning and types of direct data entry device, I am going to show you the content or a summary of what you are about to read. CONTENTS/SUMMARY 1.MEANING OF DIRECT DATA ENTRY DEVICES 2.TYPES AND EXAMPLES OF DIRECT DATA ENTRY DEVICES 3.MERITS AND DEMERITS OF USING DIRECT DATA ENTRY DEVICES. MEANING ; Direct data entry devices are devices that read data, information or ideas from a document, or file, or source and transferred it directly to the computer system. they are different from input devices which depends on physical interaction which means you’ll have to physically place or do something to the device for you to receive a result. EXAMPLES OF DIRECT DATA ENTRY DEVICES. [1] MAGNETIC STRI
direct data entry devices and their examples
EXAMPLES OF DIRECT DATA ENTRY DEVICES [1] Magnetic strip readers: magnetic strip reader is a device used to read data from magnetic stripes on identify and banking card. they are mostly used in reading bank cards. [2] CHIP READERS chip readers are mostly used to read data from chips on banks cards. [3] PIN PADS Pin pads are used to enter data into Automated Teller Machines, electronic funds,transfer at point of sales (POS)system,entry doors and hand held devices. You can also read What is the meaning of ICT [4] RADIO FREQUENCY IDENTIFICATION (RFID) Radio frequency identifications are technology devices that are used to read data wirelessly from RFID Chips or tags using what is known as an electromagnetic field as it medium of transfer. [5] MAGNETIC INK CHARACTER READERS (MICR) Magnetic ink character readers are used to input data's from banks cheques. Read Benefits/uses of Artificial intelligence https://www.onclickalgo.com/jump/next.php?r=3513227 [6] OPTICAL MARK READERS (OMR)
Oil prices reduces below zero
OIL PRICES REDUCES BELOW ZERO NEW YORK (AP) — Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don’t want to get stuck owning crude with nowhere to store it. Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 0.9%, but the market’s most dramatic action was by far in oil, where benchmark U.S. crude for May delivery plummeted to negative $3.70 per barrel, as of 2:15 pm. Eastern time. Much of the drop into negative territory was chalked up to technical reasons — the May delivery contract is close to expiring so it was seeing less trading volume, which can exacerbate swings. But prices for deliveries even further into the future, which were seeing larger trading volumes, also plunged. Demand for oil has collapsed so much due to the coronavirus pandemic that facilities for storing crude are nearly full. Tanks could hit their limits within three weeks, according to Chris Midgley, head of ana
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