Critical Thinking Questions Case 3-2

question 23

Multiple Choice

Critical Thinking Questions Case 3-2
Your school is in a safe neighborhood, but there have been a few thefts at ATMs. You work part-time in your school's campus security office and have been asked to prepare tips for students about ATM safety.
Thieves can capture a credit card number by placing a(n) ______ on an ATM.

• A) swiper
• B) scanner
• C) sweeper
• D) skimmer

---

Definitions:

Interest

The cost of borrowing money or the payment received for lending money, typically expressed as an annual percentage rate.

Principal Repayment

The process of paying back the original amount borrowed from a lender, excluding interests.

Times Interest Earned Ratio

A financial metric that measures a company's ability to meet its interest obligations from its operating income.

Bonds Payable

Long-term liabilities representing money owed by a company to bondholders, to be repaid at a future date.