Which of the following describes an RFID tag?
A. An electronic identification device that is made up of a chip and antenna.
B. Does not have a power source.
C. Has its own transmitter and a power source (typically a battery).
D. A transmitter/receiver that reads the contents of RFID tags in the area.
Answer: A
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The owner of intellectual property may put restrictions on the use of the intellectual property in a license agreement
a. True b. False Indicate whether the statement is true or false
Below are the year-end balance sheets for Wolken Enterprises:
Assets:2020 2019 Cash$ 200,000 $ 170,000 Accounts receivable864,000 700,000 Inventories 2,000,000 1,400,000 Total current assets$3,064,000 $2,270,000 Net fixed assets 6,000,000 5,600,000 Total assets$9,064,000 $7,870,000 Liabilities and equity: Accounts payable$1,400,000 $1,090,000 Notes payable 1,600,000 1,800,000 Total current liabilities$3,000,000 $2,890,000 Long-term debt2,400,000 2,400,000 Common stock3,000,000 2,000,000 Retained earnings 664,000 580,000 Total common equity$3,664,000 $2,580,000 Total liabilities and equity$9,064,000 $7,870,000 Wolken has never paid a dividend on its common stock, and it issued $2,400,000 of 10-year non-callable, long-term debt in 2019. As of the end of 2020, none of the principal on this debt had been repaid. Assume that the company's sales in 2019 and 2020 were the same. Which of the following statements must be CORRECT? A. Wolken increased its short-term bank debt in 2020. B. Wolken issued long-term debt in 2020. C. Wolken issued new common stock in 2020. D. Wolken repurchased some common stock in 2020. E. Wolken had negative net income in 2020.
Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for their child's college education. Currently, college tuition, books, fees, and other costs average $12,500 per year
On average, tuition and other costs have historically increased at a rate of 4% per year. Assuming that college costs continue to increase an average of 4% per year and that all her college savings are invested in an account paying 7% interest, then what is the amount of money she will need to have available at age 18 to pay for all four years of her undergraduate education? What will be an ideal response?
Which of the following organizations faces higher switching costs?
A) an organization that wants to automate its processes B) an organization that moves it data center to cloud storage C) an organization that buys an information system to manage its own records D) an organization that wants to switch to open-source software