COGNITIVE ASSESSMENT Which of the Following Statements Is NOT True

question 46

Multiple Choice

COGNITIVE ASSESSMENT Which of the following statements is NOT true about smart cards?

• A) There are two types of smart cards.
• B) Contactless smart cards communicate with a reader using Bluetooth technology.
• C) Uses include storing medical records and other health care information.
• D) A smart card can double as an ID card or credit card.

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Definitions:

Production Machinery

Equipment and machines used in the manufacturing process to produce goods and products.

Capital Equipment

Long-term assets such as machinery, vehicles, or large tools that a business uses in its operations to produce goods or services.

Leverage Ratio

A financial ratio indicating the level of debt used by a company to finance its assets, relative to its equity.

Tax Burden

The total amount of income, property, and sales tax that an individual or corporation must pay to various government agencies.