05 Financial Process & The Guest Cycle Y1

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11th Grade
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1.
FLASHCARD QUESTION
Front
What is the group term used for credit, debit, and cash cards used for all types of financial transactions?
Back
Payment card
2.
FLASHCARD QUESTION
Front
What is the term used for a crime in which an imposter obtains key pieces of personal information, such as Social Security or driver's license numbers, in order to impersonate someone else?
Back
Identity Theft
3.
FLASHCARD QUESTION
Front
Both the employee and the company they represent can be held liable if the guest’s right to privacy is not protected. True or False?
Back
True
4.
FLASHCARD QUESTION
Front
Fraud refers to all types of crime in which someone wrongfully obtains and uses another person's personal data in some way that involves criminal activity or deception, typically for economic gain. Information obtained is then used to commit illegal purchases or other financial transactions without the consent of the person to whom the information legally belongs. True or False?
Back
False
5.
FLASHCARD QUESTION
Front
A person’s information that is confidential and not available to the public, such as Social Security Number, a driver's license number or state identification card number, bank account numbers, or credit/debit card numbers is called:
Back
Sensitive information
6.
FLASHCARD QUESTION
Front
Most financial transactions will take place in high-traffic, public areas where cash registers known as ___________________ systems are located.
Back
Point of Sale
7.
FLASHCARD QUESTION
Front
An example of financial transactions not involving sensitive information is: Accepting payment, deposit, or prepayment, Collecting overdue payments, Declining a credit card, Leaving a cash tip
Back
Leaving a cash tip
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