________ Theft Involves Someone Using Someone's Private Information to Assume

question 19

Multiple Choice

________ theft involves someone using someone's private information to assume his or her identity.

• A) Personal
• B) Identity
• C) Car
• D) None of the above

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Definitions:

Checking Accounts

Bank accounts that allow for easy access to funds through checks, debit cards, and electronic transfers.

Cash Equivalents

Cash equivalents are highly liquid investment securities with maturities of three months or less, making them almost as liquid as cash itself.

Time Deposits

Banking products that hold a fixed amount of funds for a specified period of time, earning interest, such as CDs.

Recordkeeping

The systematic process of maintaining records for financial transactions and other business activities.