What does MICR stand for?

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Study for the Business Computer Applications Test. Enjoy flashcards and multiple choice questions, each with hints and explanations. Ace your exam!

Multiple Choice

What does MICR stand for?

Explanation:
MICR stands for Magnetic Ink Character Recognition. This technology uses ink containing ferromagnetic material to print the characters, and a specialized reader senses the magnetic signal to decode those characters as the document moves through processing equipment. In banking, checks carry routing and account numbers printed in magnetic ink (often in a standard font like E-13B), which allows fast, high-accuracy automated processing and sorting. The other options describe devices or wording that aren’t the official expansion of the acronym.

MICR stands for Magnetic Ink Character Recognition. This technology uses ink containing ferromagnetic material to print the characters, and a specialized reader senses the magnetic signal to decode those characters as the document moves through processing equipment. In banking, checks carry routing and account numbers printed in magnetic ink (often in a standard font like E-13B), which allows fast, high-accuracy automated processing and sorting. The other options describe devices or wording that aren’t the official expansion of the acronym.

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