PF 7.03 Question Preview (ID: 15293)
7.03 Questions And Vocab.
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While Michael was sleeping, his friend used his credit card number to make online purchases. This illustrates:
a) direct deposits and withdrawals.
b) fraud
c) online banking
d) pay-by-phone transfers
Thieves in another state withdrew all the money from Cynthia’s account. What financial transaction was MOST LIKELY used?
a) Electronic funds transfer
b) Direct deposit and withdrawal
c) Pay-by-phone transfer
d) Point-of-sale transfer
When Sharon read the website’s privacy policy she found that it advised visitorsto notify the store to“opt out”if they did not want their personal information shared.Not opting out
a) mean their information would be sold to other businesses.
b) prevent having cookies placed in their browsers.
c) require them to carry a credit card in their wallets.
d) require them to print their Social Security number on checks.
Which is an example of sensitive personal information typically found on financial statements?
a) Internet service provider’s number
b) Stop payment requests
c) Your cell phone number
d) Your Social Security number
Scott warned his younger brother not to post a photo of his credit card on Facebook. What form of identity theft is he seeking to avoid?
a) Obtaining personal information from one’s home
b) Obtaining personal information submitted on the Internet
c) Using card readers to swipe a card and capture the card number
d) Using technology to capture credit card number from magnetic strip
Identity thieves MOST LIKELY would use stolen credit cards, payroll, or tax information to:
a) obtain jobs.
b) pose as representatives of banks.
c) post personal information on the internet.
d) write checks on the account.
Which is a way to protect sensitive personal information?
a) Asking companies not to use your Social Security number
b) Making financial transactions on an insecure site
c) Printing your Social Security number on your checks
d) Sharing your passwords with friends
Anthony wants to make it difficult for someone to steal his identity. What should he do?
a) Avoid mailing letters and packages at a U. S. Post Office
b) Get a new Social Security number every year
c) Never use cash to make purchases
d) Tear or shred documents containing personal information before throwing them away
What is the definition of cookies?
a) A part of a system of carrying out financial transactions by computer rather than using checks or ca
b) Small files stored on a computer that enable a Web site to “remember” information about a visitor
c) A website that uses safeguards to protect information from theft during transmission
d) A practice in which companies collect information about the Web sites a consumer visits
What is online profiling?
a) A practice in which companies collect information about the Web sites a consumer visits
b) A website that uses safeguards to protect information from theft during transmission
c) Small files stored on a computer that enable a Web site to “remember” information about a visitor
d) A part of a system of carrying out financial transactions by computer rather than using checks or ca
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