Question

Which types of recurring transactions are available?

1) Monthly
2) Quarterly
3) Yearly
4) Weekly
5) Daily

Answer 1

The types of recurring transactions available are monthly, quarterly, yearly, weekly, and daily.

Step-by-step explanation:

The types of recurring transactions available include:

• Monthly: Transactions that occur every month, such as monthly subscriptions or rent payments.
• Quarterly: Transactions that occur every three months, like quarterly taxes or financial reports.
• Yearly: Transactions that occur once a year, such as annual memberships or insurance payments.
• Weekly: Transactions that occur every week, like weekly grocery purchases or utility bills.
• Daily: Transactions that occur every day, such as daily coffee purchases or transportation costs.