A(n)________ Card Has an Embedded Antenna That Passes Data and Applications

question 15

Essay

A(n)________ card has an embedded antenna that passes data and applications to and from a card reader unit without contact between the card and reader.

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Definitions:

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life.

Fixed Assets

Long-term tangible assets used in the operations of a business, not expected to be converted to cash within a year.

Net Investment

The total amount of money spent on capital assets, such as buildings and machinery, minus any depreciation.

EBIT

Earnings Before Interest and Taxes, a measure of a firm's profit that includes all income and expenses (operating and non-operating) except interest and income tax expenses.