Smart Cards Can Be Used for a Variety of Purposes

question 81

True/False

Smart cards can be used for a variety of purposes, including storing a user's financial facts, health insurance data, credit card numbers, and network identification codes and passwords. They can also store monetary values for spending.

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Definitions:

Net Price

The price after allowance for all discounts.

Standard Price

The regular or fixed cost of a product or service, typically unaffected by discounts or special offers.

Customers

Individuals or entities that purchase goods or services from a business.

Customer Relationship Management (CRM)

A strategy for managing a company's interactions with current and potential customers using data analysis about customers' history with a company to improve business relationships.