1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oee [108]
4 years ago
12

What name is given to industry-created standards to prevent payment card theft and fraud

Business
1 answer:
allochka39001 [22]4 years ago
4 0

Answer:

PCI DSS

Explanation:

PCI DSS - Payment Card Industry Data Security Standard

This has been created to make

  • card payment secure
  • Reduce fraud

Problem:

  • Hackers try to control the card to make payments for their goods purchased or to do money transfer for illegal activities.
  • the card will be controlled by the criminals and the fund transfer will happen without entering the credentials by the original card holder.

Prevention method:

  • merchant seeking for photo-ID at the point of sale.
  • including software that can estimate the probability of fraud
  • when large transaction is done and distance calculated is greater from the cardholder's home might seem suspicious
  • Seeking for pin number  of the card during purchase
You might be interested in
g Kleczynski Co. provided the following information on selected transactions during 2021: Purchase of land by issuing bonds 900,
juin [17]

Answer:

$3,940,000

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

The net cash provided by or (used by) financing activities during 2021

= $2,900,000 - $590,000 + $130,000  + $1,500,000

= $3,940,000  

Other transactions are operating and investing activities.

5 0
3 years ago
An industry that has one large firm that provides 60% of the supply of the product is called an oligopoly.
frez [133]
The statement " An industry has one large firm that provides 60% of the supply of the product is called an oligopoly" is false. 
Because in an oligopoly  more than one firm dominate the market and in monopoly only firm is dominant. In Oligopoly there is small number of firms but have the market share in large majority.
5 0
3 years ago
Wholesale companies need a location that attracts a lot of retail traffic.
Vinvika [58]

Answer:

False

Explanation:

4 0
4 years ago
When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
salantis [7]

Answer:

Impacting his clientele base with increased profitability and to extend the duration of customer relationships.

Explanation:

Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.

6 0
3 years ago
The face value of a note refers to the amount borrowed plus interest received at maturity from the maker. that can be received i
inysia [295]
<span>The correct answer would be the first selection: face value, or par value, simply refers to the amount of the note that will be received at the maturity date plus the interest owed. The face value of the note is not realized, however, until the full maturity period has elapsed: a penalty applies if the note is redeemed at an earlier date.</span>
7 0
4 years ago
Other questions:
  • Sin Qua Corporation is a company listed on the stock exchange and issues corporate bonds. Which statement is most likely true?
    14·1 answer
  • The following statements describe a certain country's economy. What type of economy does this country have? I. Most citizens far
    12·1 answer
  • Which of the following might vary in on online purchase depending on where the purchaser lives?
    14·2 answers
  • A firm is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, th
    13·1 answer
  • Mrs. Smith operates a business in a competitive market. The current market price is $7.50. At her profit-maximizing level of pro
    12·1 answer
  • According to the FASB conceptual framework, certain assets are reported in financial statements at the amount of cash or its equ
    15·1 answer
  • Williams Company pays each of its two office employees each Friday at the rate of $290 per day for a five-day week that begins o
    6·1 answer
  • Money is neutral in:___________
    10·1 answer
  • 1.____What auto car insurance is required by IL?
    5·2 answers
  • What is the difference between a loan estimate and closing disclosure?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!