A(n) ____ Scanner Reads Encoded Information on Credit Cards

question 26

Multiple Choice

A(n) ____ scanner reads encoded information on credit cards.

• A) image
• B) bar code
• C) magnetic
• D) OCR

---

Definitions:

Income Bonds

Bonds that pay interest only when the issuer has sufficient earnings, making them riskier than regular bonds that guarantee interest payments.

Rating

A rating refers to an evaluation or assessment of something's quality, quantity, or a combination thereof, often used in financial contexts to gauge the creditworthiness of entities.

Interest

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

Call Provision

A clause in a bond or other fixed-income security that allows the issuer to repurchase and retire the debt before its maturity date.