A(n) ________ has two separate chips embedded in the card (contact and contactless), which eliminates the need to carry multiple cards to support the various smart card readers and applications
A) dual-interface smart card
B) multi-debit card
C) hybrid smart card
D) RFID card
C
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A company faces fixed costs of $100,000 and variable costs of $8.00/unit. They plan to directly sell their product to the market for $12.00. How many units must they produce and sell to break even?
A) 20,000 B) 25,000 C) 40,000 D) 50,000 E) not enough information to calculate
Which of the following statements regarding variances is false?
a. In determining the Total Cost of Ownership (TCO), purchasing agents include not only the cost of an item but also freight, tax charges, and discount terms. b. The specifications for materials, including both quality and quantity are included in a product material requisition form. c. Method-times-measurement is used to help determine labor standards. d. In determining labor standards, the cost of items such as holiday pay and employer paid FICA are not included.
Countries that follow the Romano-Germanic civil law organize their legal systems around cases, regulations, and precedents rather than around legal codes
Indicate whether the statement is true or false
Which of the following is not an appropriate internal control for cash receipts over the counter?
A) A receipt is issued for each transaction to ensure that each sale is recorded. B) The store clerk deposits the cash in the bank. C) At the end of the day, the manager proves the cash by comparing the cash in the drawer against the machine's record of cash sales. D) The cash draw opens after the store clerk enters a transaction.