If Your Credit Card Is Stolen and You Notify the Credit

question 65

Multiple Choice

If your credit card is stolen and you notify the credit card company before unauthorized charges are made,for what amount can you be held liable to the credit card company for later unauthorized charges?

• A)$500
• B)$300
• C)$250
• D)$200
• E)0

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Definitions:

Cost

The expenditure incurred by a business to produce, acquire, or maintain a good or service.

Overhead Costs

Expenses related to the operation of a business that cannot be directly attributed to a specific product or service.

Fixed Manufacturing Overhead

Costs related to manufacturing that remain constant regardless of the level of production or sales.

Machine-Hours

A measure of production volume expressed in the total hours machines are operated within a given period.