Which of the Following Probably Suffered the Most Financial Damage

question 69

Multiple Choice

Which of the following probably suffered the most financial damage from the Target breach?

• A)retailers other than Target
• B)banks
• C)consumers
• D)POS terminal vendors

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Definitions:

Carrying Value

Carrying value, or book value, is the net amount at which an asset or liability is valued on a balance sheet, factoring in its original cost minus depreciation, amortization, or impairment costs.

Retirement

the point in time when an individual chooses to leave the workforce permanently.

Gain Or Loss

The positive or negative financial result obtained from an investment, sale of assets, or other transactions, compared to the original cost.

Installment Note

A loan that requires regular payments, or installments, of principal and interest over a set period, often used for buying large, expensive items.