An ATM (Automated Teller Machine) Asks Users to Enter Which

question 53

Multiple Choice

An ATM (automated teller machine) asks users to enter which of the following in order to verify that the user is the holder of the bankcard?

• A) digital signal processor (DSP)
• B) private origin signal (POS)
• C) universal product code (UPC)
• D) personal identification number (PIN)

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Definitions:

Payback Period

The time it takes for an investment to generate enough cash flow to recover its initial cost, used in capital budgeting to evaluate investment efficiency.

Straight-Line Depreciation

A plan for breaking down the expense of a real asset across its viable life in steady annual segments.

Salvage Value

The anticipated earnings from an asset's sale following the cessation of its useful life.

Net Cash Flow

The variance between the cash entering and leaving a business over a given timeframe.