A POS Terminal Is an Electronic Computer Terminal Located at a Store

question 46

Multiple Choice

A POS terminal is an electronic computer terminal located at a store or other merchant location that allows the customer to

• A)use a personal check.
• B)make a cash withdrawal.
• C)get a cash advance.
• D)make purchases.

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Definitions:

Unrealized Loss

A loss that results from holding onto an investment that has decreased in price, but has not yet been sold.

Investment Revenue

Income earned from various investments, including dividends, interest, and profit from the sale of investment assets.

Dividend Revenue

Income received from owning shares of stock in a company when it distributes a portion of its earnings to shareholders.

Fair Value

The estimated price at which an asset could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.