intentionally destroys data or other system components Answer: D Page Ref: 282 Difficulty: Easy AACSB: Use of IT Study Question: Study Question 1 2) A person calls the Draper residence and pretends to represent a credit card company. He asks Mrs. Draper to confirm her credit card number. This is an example of ________. A) hacking
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Credit cards are one of the most popular forms of payment for consumer goods and services in the United States. To use a credit card legally‚ you must be eighteen or older‚ but many teenagers disregard this law and sign up for a credit card through the junk mail they get in their emails. Credit cards work in a very interesting way. You get a limit of how much you can spend each month‚ and you must pay off that money by a certain date. If you don’t pay off that money‚ you must pay a certain amount
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BACKGROUND MONEY & ITS PURCHASING POWER M oney has entered into almost all our discussion. Economy evolved from barter to indirect exchange… indirect exchange to monetary economy… ultimately to a developed economy. Money is a commodity that serves as a general medium of exchange; its exchanges therefore permeate the economic system. Like all commodities‚ it has a market demand and a market supply‚ although its special situation lends it many unique features. “Price” has no unique expression
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Credit card‚ one of the greatest inventions in last century‚ is widely used in nowadays. The first credit card that can pay for different businesses was invented by Frank McNamara and Ralph Schneider‚ the founders of Diners Club‚ in 1950. After a long time development‚ it is believed that credit card is one of the popular tools for payment transaction. According to a research in 2008‚ there were around 80% of United State adult own at less one credit card (Foster‚ Meijer‚ Schuh‚ & Zabek‚ 2010). It
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credit cards. If you are among the relatively few who do not own a credit card‚ the chances are good that you have a great deal of difficulty rent a car or reserving a hotel room. So‚ just what are these little plastic cards and how do they work? Let’s start by explaining the basics. What is a Credit Card? The dictionary defines a credit card as ’A card which can be used to obtain cash‚ goods or services up to a stipulated credit limit. The supplier is later paid by the credit card company
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interest on your credit card debt If you have credit card debt‚ you’re paying interest—unless you’re currently paying off debt with a zero-percent introductory offer. Even then‚ you’ll eventually need to pay interest on that credit card debt if you still have a balance once the introductory period ends. Nobody wants to pay credit card interest‚ but it’s just a requirement of using credit cards. While there might not be a way to get around those interest charges on the credit card debt you already have
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An Unnecessary Proposal: National Identification Cards As a response to investigations after the World Trade Center‚ Pentagon‚ and Flight 93 attacks on September 11‚ 2001‚ America and four supporting countries invaded Iraq in March of 2003 to remove weapons of mass destruction and end Saddam Hussein’s contributions to terrorism. Likewise‚ vigorous dialogue concerning a standardized‚ national identification card surfaced in September 2001. Furthermore‚ in 2005 Congress enacted into law the REAL
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Smart card is one of the greatest achievements in the world of information technology. Similar in size to today ’s plastic payment card‚ the smart card has a microprocessor or memory chip embedded in it that‚ when coupled with a reader‚ has the processing power to serve many different applications. As an access-control device‚ smart cards can be used to access server remotely over the Internet and they can make personal and business data available only to the appropriate users. Smart cards provide
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The military issued personal identification card‚and cac card‚ are a very important thing. There are many things that you have to do in the military that require you to have one on your person at all times. Things such as going to chow; you have to approach the gate guard and present him with your cac card so he can verify that you are authorized to eat in the chow hall. Then when you enter the chow hall you must scan your cac card into the computer that way they can keep a head counrt of how many
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Holding the card against or waving it over an Octopus card reader from up to a few centimeters away without the user taking out the card. The reader will acknowledge payment by emitting a beep sound‚ and display the amount deducted and the remaining balance of the card in 0.3 seconds. In MTR When riding the MTR system‚ the entry point of commuters is noted when a passenger enters‚ and the appropriate amount based on distance traveled will be deducted when the users show their card again at the
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