List Three Applications for RFID

question 16

Essay

List three applications for RFID.

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Definitions:

Bank Statement

A summary of financial transactions that have occurred over a period of time in an account held by a person or business with a financial institution.

Cash Account

A financial account that tracks the flow of cash transactions, including receipts and payments, within a company.

Sales Discounts

Reductions in the sale price offered by a seller as an incentive for prompt payment by the buyer.

Cash Collection

The process of gathering and processing payments received from customers or clients.