_____ Fraud Occurs When Thieves Use Hidden Cameras to Record

question 25

Multiple Choice

_____ fraud occurs when thieves use hidden cameras to record victims' personal identification numbers (PINs) at automated teller machines (ATMs) and obtain copies of their debit cards.

• A) Skimming
• B) Data mining
• C) Security
• D) Phishing
• E) Sniffing

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Definitions:

Variable Cost

Costs that vary directly with the level of production or sales volume.

External Suppliers

Third-party entities that provide goods or services to a company, but are not part of the company itself.

Annual Capacity

The total output a company can produce in a year using its resources efficiently.

Opportunity Cost

Forgoing the potential gains from various choices by settling on one option.