What Is a Passive RFID Tags

question 236

Multiple Choice

What is a passive RFID tags?

• A) An electronic identification device that is made up of a chip and antenna
• B) A transmitter/receiver that reads the contents of RFID tags in the area
• C) Do not have a power source
• D) Have their own transmitter and a power source (typically a battery)

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Definitions:

Qualified Higher Education Expenses

Expenses related to education, such as tuition and fees, required for enrollment or attendance at an eligible educational institution.

Nontaxable Distribution

A distribution or payout from an investment or account, such as a return of capital, that is not subject to income tax.

Nondeductible Contributions

Payments to certain accounts like IRAs where the investment is made with after-tax dollars, hence not tax-deductible.

IRA

Individual Retirement Account, a savings account with tax advantages that individuals can use to save and invest long-term.