Refer to IT's About Business 7

question 15

Multiple Choice

Refer to IT's About Business 7.1 - Stealing Cash from ATMs with Text Messages: Ploutus is ____________.

• A)the operating system that runs on most ATM machines.
• B)malware that runs on the computers banks use to connect to their ATMs.
• C)a malware that is engineered to compromise certain types of ATMs.
• D)can easily uploaded to all ATMs.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activities within a short time.

Variable Costs

Expenses which are dependent on the volume of activity within a business.

Profit-Volume Chart

A graphical representation that shows the relationship between a company's profits and its volume of sales, illustrating the break-even point and profit levels at different sales volumes.

Cost-Volume-Profit Chart

A chart that graphically shows sales, costs, and the related profit or loss for various levels of units sold. Also called a break-even chart.