How Does Truncation of Identity Numbers Work

question 19

Multiple Choice

How does truncation of identity numbers work?

• A) Machines encode account numbers when transmitting them over the internet.
• B) Machines can only print the last 5 digits of an account number on anything that is printed for mailing.
• C) Clerks and telephone operators are only allowed to verify identity by the last five letters of a persons name.
• D) Older machines that do manual imprinting of credit card numbers must be modified to only copy the last five digits of the account numbers.

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Definitions:

Supply

The overall quantity of a product or service accessible to buyers.

Inverse Supply Curve

A representation of the relationship between the price of a good and its supply, showing how quantity supplied decreases as price decreases, contrary to the typical direct supply relationship.

Equation

A mathematical statement that asserts the equality of two expressions, typically represented by the symbol "=".

Straight Line

The shortest distance between two points without any curve or bend, often used in mathematical and geometric contexts.