Cashless society - vocab

What is the meaning of contingency plan?

• A contingency plan is a financial investment strategy.
• A contingency plan is a type of insurance policy.
• A contingency plan is a predefined strategy to manage potential future events or emergencies.
• A contingency plan is a method for improving employee productivity.

If you stay up-to-date you....

• are confused and lost.
• are informed and knowledgeable.
• are misinformed and naive.
• are bored and uninterested.

If you ditch something you...

• abandon it or leave it behind
• keep it close
• repair it for future use
• sell it for profit

If you find something irresistible it is ......

• forgettable
• unappealing
• attractive
• tempting

If something is straightforward it is......

• complicated and confusing
• difficult to grasp
• requires extensive explanation
• easy to understand or simple

Cashless society has the potential to either bridge or ............... the gap of financial inclusion

• reduce
• eliminate
• ignore
• widen

Cashless society could pose challenges for those who are digitally

................................

• digitally excluded individuals
• traditionalists

• tech-savvy consumers
• financially literate individuals

In a cashless world, financial transactions are meticulously recorded and monitored.

What does meticulously mean?

• With little attention to detail.
• In a careless manner.
• Without any oversight.
• With great attention to detail.

Government agencies, financial

institutions, and corporations can track spending patterns, offering both advantages and

potential infringements on personal liberties. What does infringements mean?

• Infringements mean violations on rights or freedoms.

• Infringements are measures to enhance government efficiency.
• Infringements refer to the increase of personal freedoms.
• Infringements mean financial gains or profits.

The implementation of robust cybersecurity measures, such as encryption, two-factor

authentication, and biometrics, plays a pivotal role in safeguarding assets and identities. What does robust mean?

• Unreliable and inconsistent
• Strong and effective
• Weak and ineffective
• Temporary and superficial