A Fingerprint Recognition System Is Typically Used to Protect Access

question 71

True/False

A fingerprint recognition system is typically used to protect access to office computers, to automatically supply Web site passwords on home computers, and to pay for products or services.

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Definitions:

Expected Loss

a calculation used in finance and insurance to estimate the average financial loss or cost associated with an investment or insurance policy over a period.

Adverse Selection

A situation in which one party in a transaction has more information than the other, leading to an imbalance and potentially poor market outcomes, commonly seen in insurance markets.

Insurance

A financial product or agreement that provides compensation for specific losses or damages in return for payments made.

High Risk

Refers to situations or investments that have a high potential for loss or failure.