An Authentication Token Is A(n)

question 64

Multiple Choice

An authentication token is a(n) :

• A)device the size of a credit card that contains access permission data.
• B)type of smart card.
• C)gadget that displays passcodes.
• D)electronic marker attached to a digital authorization file.

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Definitions:

Notes Receivable

Claims for which formal agreements of credit are made between borrowers and lenders, often involving interest.

Journal Entry

A record that captures all the financial transactions of a business, displaying debits and credits in the accounting system.

Aging Method

An accounting technique used to estimate the amount of a company's bad debts based on the age of its receivables.

Bad Debts Expense

The cost recognized by businesses for uncollectible accounts receivable due to customer defaults.