Magnetic Ink Character Recognition (MICR) is used to quickly process which type of document?

Magnetic Ink Character Recognition (MICR) is used to quickly process which type of document?

• A. Magnetic Ink Card Reader
• B. Magnetic Ink Character Recognition
• C. Bar Code Reader
• D. OCR

Answer: (B)

MICR is the method banks use to read the magnetic ink characters printed on checks, speeding up automatic processing of those financial documents. The characters at the bottom of checks—routing, account, and check numbers—are printed in magnetic ink so a MICR reader can quickly decode them even if print quality isn’t perfect. The best answer is Magnetic Ink Character Recognition because it directly names the technology used to process those checks. The other options point to a device (magnetic ink card reader), a different system (bar code reader), or a different technology (OCR) and do not describe the document type MICR processes.

MICR is the method banks use to read the magnetic ink characters printed on checks, speeding up automatic processing of those financial documents. The characters at the bottom of checks—routing, account, and check numbers—are printed in magnetic ink so a MICR reader can quickly decode them even if print quality isn’t perfect. The best answer is Magnetic Ink Character Recognition because it directly names the technology used to process those checks. The other options point to a device (magnetic ink card reader), a different system (bar code reader), or a different technology (OCR) and do not describe the document type MICR processes.