Which of the Following Types of Identity Theft Is Considered

question 45

Multiple Choice

Which of the following types of identity theft is considered the most serious?

• A) the misuse of personal information
• B) the misuse of existing accounts other than credit cards
• C) the misuse of one or more existing credit cards or credit card account numbers
• D) all three types are equally serious

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Definitions:

Functional Needs

The practical or utilitarian requirements that a product or service must satisfy for the consumer, such as durability, convenience, and efficiency.

Retain Loyal Customers

Strategies or practices aimed at keeping customers who repeatedly buy or use a brand's products or services.

Profit Margins

The percentage of revenue that remains as profit after all expenses have been deducted from total sales.

Performance Risk

The potential for a purchased product or service to fail to meet expected performance levels, causing the buyer dissatisfaction.