Define and contrast digital certificate and digital signature


A digital certificate is like an electronic identification card that is used in conjunction with a public key encryption system to verify the authenticity of the message sender. These are issued by certification authorities.

A digital signature is an electronic authentication technique that ensures that the transmitted message originated with the authorized sender and that it was not tampered with after the signature was applied.

Business

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With _____, data transmitted to computers from a telephone company's switching center remains digital throughout the entire transmission.

A. digital subscriber line B. dial-up connections C. normal landline telephone service D. cable modems

Business

Pepper Corporation owns 75 percent of Salt Company's voting shares. During 20X8, Pepper produced 50,000 chairs at a cost of $79 each and sold 35,000 chairs to Salt for $90 each. Salt sold 18,000 of the chairs to unaffiliated companies for $117 each prior to December 31, 20X8, and sold the remainder in early 20X9 to unaffiliated companies for $130 each. Both companies use perpetual inventory systems.Based on the information given above, what amount of cost of goods sold must be reported in the consolidated income statement for 20X8?

A. $2,765,000 B. $2,963,000 C. $1,620,000 D. $1,422,000

Business

A _____ is a financial contract in which the borrower and the lender agree to certain conditions about repayment, operating policies, other borrowing activities while they are outstanding, and other provisions

a. preferred stock b. common stock c. paid-in-capital d. bond e. a restriction on retained earnings

Business

Companies that use ______ strategy employ the options of hiring and laying off workers, overtime work, subcontracting, and so on to meet demand.

A. dual B. product C. chase D. mixed

Business