Which of the Following Is True About RFID

question 33

Multiple Choice

Which of the following is true about RFID?

• A) It is derived from a language called symbologies.
• B) It is a method of specific identification transponders.
• C) The only disadvantage of RFID is that it cannot be read from a distance.
• D) It is used for checking the quality of a company's inventory.

---

Definitions:

Fair Markup

Fair markup refers to a pricing strategy that involves setting the selling price of a product at a reasonable profit margin above its cost.

Selling Price

The amount of money charged for a product or service, determining the revenue earned from sales.

Sunk Cost

Costs that have already been incurred and cannot be recovered, which should not factor into future business decisions.

Future Decisions

Choices or judgements that will be made in an upcoming period, often based on past and present information and forecasts.