A Security System Where the User Enters an Identification Number

question 148

Short Answer

A security system where the user enters an identification number and the system responds with a sign (i.e.,code word)is known as a(n)________ system.

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Definitions:

Credit Policy

Guidelines that a company follows to determine the creditworthiness of customers, the terms of credit to offer, and how to collect payments.

Accounts Receivable

Money owed to a company by its debtors for goods or services delivered but not yet paid for.

Credit Standards

The financial strength and creditworthiness that qualifies a customer for a firm’s regular credit terms.

Financial Importance

Financial importance refers to the significance placed on managing finances effectively to ensure stability and growth of an individual's or organization's assets.