The Board of Directors

question 45

Multiple Choice

The board of directors

• A) are hired by the CEO.
• B) are elected by shareholders.
• C) have unlimited liability since they oversee the day-to-day operations of the firm.
• D) are employed by the Securities Exchange Commission to ensure its rules and regulations have been met.

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Definitions:

Security

Measures and protocols implemented to protect information, networks, computers, and data from unauthorized access, attacks, or damage.

Roaming

The ability for a wireless device to operate on another company's network when traveling away from the home network's coverage area.

Mobile Wallets

Digital versions of traditional wallets that someone can have on their smartphones, where they can store various payment information and other credentials for making transactions.

NFC

Near Field Communication, a wireless technology allowing for short-range communication between compatible devices.