SWIFT's Implementation of the "Smart Card" Is Expected to

question 32

Multiple Choice

SWIFT's implementation of the "smart card" is expected to

• A) decrease the likelihood of electronic fraud.
• B) remove the need for secret information to be sent through the mail.
• C) guarantee the identity of the sender.
• D) All of the options are true.

---

Definitions:

Waterways

Natural or man-made channels like rivers, canals, and seas used for transportation and travel.

Distribution System

The network or infrastructure that allows for the delivery of products and services from producers to end consumers, including logistics, warehouses, and retail outlets.

Shipping Cost

This term refers to the expense associated with the logistics of transporting goods from the seller to the buyer.

Just-In-Time Practices

Manufacturing and inventory strategy where materials and products are produced or acquired only as needed for use, reducing waste and inefficiencies.