With Respect to Credit Cards and Debit Cards,________ Is a Three-Digit

question 79

Multiple Choice

With respect to credit cards and debit cards,________ is a three-digit code located on the back of the card which is used for authorization by the card-issuing bank,to combat fraud in online purchases.

• A) competitive fraud detector
• B) card verification value
• C) online purchase processor
• D) card detection value
• E) purchase processing value

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Definitions:

Differentiation

The process or strategy of making a product, service, or brand stand out from its competitors by having unique features, quality, or identity.

Products

Goods or services that are created through a process and offered in the market to satisfy the needs or wants of customers.

Services

Services are intangible activities or benefits provided by one party to another, often characterized by their inability to be physically possessed.

Vertically

Refers to the upward or downward direction within an organization's hierarchy, often relating to communication, decision-making, or organizational structure.