____________ Is an Encryption Standard Used for Secure Transactions Such

question 13

Multiple Choice

____________ is an encryption standard used for secure transactions such as credit card processing and online banking.

• A) VPN
• B) TLS
• C) DMZ
• D) Whitelisting

---

Definitions:

Sales Returns

Transactions where customers return previously purchased merchandise to the seller, resulting in a deduction from gross sales to arrive at net sales.

Purchases Returns

Goods returned by a buyer to the seller, often due to defects or dissatisfaction, resulting in a refund or credit.

Purchase Discounts

Discounts a buyer receives for paying suppliers early, which are used to reduce the cost of purchased goods.

Net Purchases

Net purchases are the total amount of purchases minus returns, allowances, and discounts over a specified period, often used in analyzing inventory costs.