Identity Thieves That Obtain Your Information from the Magnetic Strip

question 59

Multiple Choice

Identity thieves that obtain your information from the magnetic strip on your credit card are using a technique known as

• A)pharming.
• B)phishing.
• C)pretexting.
• D)skimming.

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Definitions:

Accountants

Individuals specialized in carrying out audits or analyzing financial statements, following specific methodologies.

Economic Events

Transactions and occurrences that have a direct impact on the financial position of a company, including buying, selling, and financing activities.

Recording

The process of documenting financial transactions in the accounting records of a business.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities.