Read the following scenario and use your knowledge in the information system, critical thinking, and skills you gained from accounting information systems course in general and chapter seven in particular to discuss and to show your opinion regarding the below Walmart Company's case: During your evaluation for the reliability and security of Walmart Company information system, you have found that the reliability of the information system is not trusted, and both the company management and stakeholders do not relay on the system to acquire needed information for decision making process as they feel that the information system is vulnerable. By additional investigation you have concluded you became more certain that lacking the security is the main problem. Although the company has control system including preventive control, detective control and corrective control, some hackers attacked the system and transferred some money from the company account and obtain other business secrets. Therefore, the company information system is not reliable and needs better control system to be used, The significant weakness points you have discovered are: (1) the access control matrix is weak, and some employees who retired years ago can access the company system and display, update, delete and add data. (2) the time-based model of security is ineffective. In your opinion: (1) What is the security shortage in the access control matrix? (2) What is the meaning of the time-based model of security is ineffective? (3) How to fix the shortage in the access control matrix? (4) How to make the time-based model of security effective? (5) What you subject as a framework may be adopted it the future in Walmart Company to contribute to systems reliability? (6) What do you think the five basic principles to insure reliability in any accounting information system? (7) Do you think that the concept Defense in Depth" can help to enhance the security level in Walmart Company? If yes, explain (8) Do you think that the top management in Walmart Company has effective role to support and enhance information system reliability? If yes, explain.
Answers
The security shortage in the access control matrix is the lack of proper user access management. The meaning of the time-based model of security is the practice of granting access rights to users based on specific time periods.
(1) The security shortage in the access control matrix is the lack of proper user access management. The fact that retired employees still have access to the system and can perform actions such as displaying, updating, deleting, and adding data indicates a failure in revoking their access privileges upon retirement. This poses a significant security risk as unauthorized individuals can exploit these accounts and potentially compromise the system.
(2) The time-based model of security refers to the practice of granting access rights to users based on specific time periods or schedules. In this case, it is ineffective because it does not adequately control access privileges. Hackers were able to breach the system and carry out unauthorized activities, indicating that the time-based model did not prevent unauthorized access during the allowed time periods.
(3) To fix the shortage in the access control matrix, Walmart Company needs to establish a robust user access management process. This process should include regular reviews and updates of user access privileges, especially for retired employees. Access should be revoked immediately upon retirement or departure from the company. Implementing strong authentication methods, such as two-factor authentication, can also enhance security.
(4) To make the time-based model of security effective, Walmart Company should implement additional layers of security controls. This can include implementing intrusion detection and prevention systems, conducting regular security assessments and audits, and ensuring that patches and updates are promptly applied to address any vulnerabilities. Regular monitoring of system logs and user activities can also help identify and mitigate security breaches in real-time.
(5) As a framework to enhance systems reliability in Walmart Company, the implementation of a comprehensive information security management system (ISMS) based on industry standards such as ISO 27001 can be considered. This framework provides a systematic approach to managing information security risks, including policies, procedures, and controls for protecting information assets and ensuring the reliability and security of the information system.
(6) The five basic principles to ensure reliability in any accounting information system are: (a) Integrity - ensuring the accuracy and completeness of data and preventing unauthorized changes; (b) Confidentiality - protecting sensitive information from unauthorized access; (c) Availability - ensuring that information is accessible and usable when needed; (d) Compliance - adhering to relevant laws, regulations, and industry standards; and (e) Resilience - implementing backup and recovery mechanisms to ensure continuity of operations and minimize the impact of disruptions.
(7) The concept of "Defense in Depth" can indeed help enhance the security level in Walmart Company. It involves implementing multiple layers of security controls, both preventive and detective, to create a more robust and layered defense against potential attacks. This approach involves measures such as firewalls, intrusion detection systems, encryption, user access controls, regular security training, and monitoring. By implementing multiple layers of security, any potential breach in one layer can be mitigated by the other layers, reducing the overall risk to the system.
(8) The top management in Walmart Company plays a crucial role in supporting and enhancing the reliability of the information system. They are responsible for setting the tone at the top by emphasizing the importance of information security and allocating resources to implement effective control systems. Top management's commitment to security, their involvement in strategic decision-making, and their support for security initiatives help create a culture of security awareness throughout the organization. Their active participation in risk assessments, governance, and oversight activities ensures that information system reliability is prioritized and sustained.
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Related Questions
what is the relationship between the price of a non callable bond and the price of a callable bond
Answers
The relationship between the price of a non-callable bond and the price of a callable bond is that the price of a non-callable bond is generally less than the price of a callable bond.
This is because non-callable bonds do not have a set maturity and therefore do not have to be redeemed. By contrast, callable bonds have a set maturity term and must be redeemed at the end of that term.
The risk generally associated with callable bonds is higher, since the issuer is obligated to repay the bond at the stated time. For this reason, we can say that callable bonds have a higher price than non-callable bonds.
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a(n) organization is a fluid, highly adaptive organization whose members are linked by information technology and collaborate on common tasks. multiple choice question. boundaryless adjustable centralized mechanistic
Answers
A(n) boundaryless organization is a fluid, highly adaptive organization whose members are linked by information technology and collaborate on common tasks.
A boundaryless organization is a type of organizational structure that is designed to eliminate traditional hierarchies and structures, both within the organization and between the organization and external entities such as customers, suppliers, and other stakeholders. The goal of a boundaryless organization is to create a more flexible and adaptable structure that can respond more quickly to changes in the business environment.
In a boundaryless organization, information flows freely between individuals and departments, regardless of their position or location within the organization. This promotes collaboration and innovation, and enables employees to make decisions more quickly and effectively. The use of technology is also a key aspect of a boundaryless organization, as it enables communication and collaboration across different locations and time zones.
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Complete Question: -
A(n) _____ organization is a fluid, highly adaptive organization whose members are linked by information technology and collaborate on common tasks.
true or false: the creative process consists of a chronological list of activities executed in a specific order to keep all team members working together.
Answers
The statement " the creative process consists of a chronological list of activities executed in a specific order to keep all team members working together" is FALSE because the creative process is often non-linear, iterative, and can involve a variety of different activities.
While some creative projects may have a defined process or workflow, the creative process is often highly dynamic and involves a lot of experimentation, trial and error, and collaboration between team members. In many cases, the creative process involves generating and refining ideas, experimenting with different approaches and techniques, and exploring different solutions to problems.
The creative process is often characterized by a high degree of flexibility, allowing team members to explore and experiment with different approaches and techniques in order to achieve the desired outcome.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Your broker charges a commission of 5.1% of the cost of the stock you so if you sell a batch of stock worth 2,617,75 how much commission will you owe the broker
Answers
Answer:
a
Explanation:
$133.51 commission will you owe the broker, if you sell a batch of stock worth 2,617,75.
Thus, the correct option is A.
Who is a broker?
A broker is a free-standing individual or business that conducts financial transactions on behalf of others. Stocks, foreign exchange, real estate, and insurance are just a few of the asset groups that are impacted by these transactions.
The trading broker only acts on behalf of others, whereas the trader only deals with his or her own assets ("on his or her own account"). The broker acts on your behalf by using your assets, not his.
A broker deals in currencies, commodities, and financial instruments. The broker always acts on behalf of others, which is how they differ from traders. Worldwide, there is a huge variety of brokers, each with a different style, level of quality, and regulatory setup.
The spread, fee, or financing costs associated with a trading position generate revenue. The other CFD broker, in contrast, solely benefits financially from the trader's loss. Any gain achieved by the trader is a loss for the broker, which is why positions are manipulated or withdrawals are not executed.
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The overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction is referred to as ________.
Answers
Answer:
customer relationship management
Select the correct answer.
Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?
A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.
Answers
Answer:
Explanation:
They believe that currencies must find their own market levels.
What is the main reason that business organizations buy products?
Answers
Businesses purchase products to promote operational effectiveness, satisfy consumer requests, maintain competitiveness, boost sales and revenue, and enhance quality.
Business entities purchase goods to fulfil a variety of requirements and accomplish a variety of objectives. Among the main causes of this are: To increase operational efficiency: Businesses may purchase goods to enhance their operational procedures and make them more effective, for instance by investing in software or automation solutions to expedite workflow. To satisfy customer demands: Businesses may purchase goods in order to satiate the wants and needs of their clients, for instance by investing in cutting-edge goods that they can sell to them. These are some of the basic justifications for product purchases by commercial enterprises. The organization's goals and objectives, as well as the particular market and industry they compete in, will ultimately determine the precise reason.
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When creating the complete 2nd Order Model for a regression model using job tenure (years working at that job), job experience (years working in that field), and education (high school, some college, associate's, or bachelor's), to predict income, you need to create interactions between all of the following EXCEPT:
Answers
One needs to create interactions between all of the following EXCEPT option B. high school and college. since, the model is using job tenure, it is the only option without work experience.
What is a 2nd Order Model for a regression model?The polynomial regression model has one, two, or more than two predictor variables. Each predictor variable may be present in various powers. This polynomial model is called a second-order with one predictor variable because the single predictor variable is expressed in the model to the first and second powers.
Therefore, the only predictor variable in all other options is job experience. However, option C. does not have the dominating variable.
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whats the right option for ava
Answers
The decision to either buy or lease based on the given requirements by Ava include:
Want to live here for a long time - Buy Want the chance to make money if I leave - Buy Interested in rental income - Buy Don't love to do repairs - Lease Why should Ava buy or lease ?If you have a strong desire to settle down in a particular area and establish long-term roots, buying a property might be a suitable option. If you anticipate the possibility of relocating in the future and want the opportunity to earn money from your property, buying a home can offer potential financial benefits.
If generating rental income is a significant factor for you, purchasing a property to rent out could be a viable option. If you prefer to avoid the responsibilities and costs associated with property repairs and maintenance, leasing might be more suitable for Ava .
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3M stock started the year at $147, and by the end of the year
had increased to $166. 3M also paid 5 in dividends during the year.
What was the percent return for 3M?
Answers
The percent return for 3M stock is approximately 16.33%.
To calculate the percent return for 3M stock, we need to consider both the change in stock price and the dividends paid.
The initial stock price of 3M was $147, and by the end of the year, it had increased to $166. This represents a price increase of $166 - $147 = $19 per share. In addition, 3M paid $5 in dividends during the year.
To calculate the percent return, we can use the formula:
Percent Return = ((Change in Price + Dividends) / Initial Price) * 100
In this case, the change in price is $19, and the dividends paid is $5. The initial price is $147.
Using the formula:
Percent Return = (($19 + $5) / $147) * 100
Percent Return = ($24 / $147) * 100
Percent Return ≈ 16.33%
Therefore, the percent return for 3M stock is approximately 16.33%.
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There are many different workplaces in the Agriculture, Food, and Natural Resources career cluster. Select the
workplaces that sound most interesting or enjoyable to you.
O a farm
O a forest
an underground mine
O an office
O a laboratory
O a veterinary clinic
a garden center
Answers
ECONOMICS EVERFI QUESTION When comparison shopping, all of these hint at a good deal EXCEPT_____________________. lower-priced models offer more features. there is a coupon available for additional percentage off the price. the sale price is the cheapest available. there are more positive customer reviews than negative reviews.
Answers
Answer:
the sale price is the cheapest available.
Explanation:
Comparison shopping is the practice or nature of shopping where one compares the price of an item different sources which the individual wishes to purchase. This is done in advance before the actual purchase or shopping. It is done to achieve the best deal in price.
Comparison shopping is ideal or beneficial when buying items which can be easily researched through some advertisements. When doing comparison shopping it is not a good deal to always go for the lowest price available.
Thus, it is not considered a good deal when you go for the sale price that is the cheapest available.
The sentence which best complete the phrase is lower-priced models offer more features (option A)
When we want to buy an object it is advisable to find out its value in different places to find the cheapest one. It is also advisable to look for discount coupons or promotions to save us a little money.
Another activity that we can carry out is to consult on the internet the review of other buyers about the product to make sure that its operation is optimal.
Generally, the cheapest models are the ones that offer the fewest features. For example, if I want to buy a bicycle, its price can vary based on different characteristics such as the material of the frame (lighter is worth more) or the number of speeds (more speeds are worth more).
According to the above, the correct answer is option A. because it mentions an aspect related to low-value objects.
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1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer
i
Answers
pat smith is personnel director for a large bank. her major goal is to find a person who can adapt his or her leadership to different types of people and situations. pat is basing her selections on what?
Answers
Pat smith is personnel director for a large bank. her major goal is to find a person who can adapt his or her leadership to different types of people and situations. pat is basing her selections on The Skill technique or approach.
The abilties technique is the concept that a pacesetter possesses sure abilities, abilties and knowledga that allows she or he to function a great leader. The 3 principal abilties wished for leadership, in keeping with this theory, are Technical, Human, and Conceptual. Technical abilities are the understanding and talent one has in a sure area.
Human ability is having the capability to paintings with and relate to people Conceptual abilties are the cappotential to paintings with thoughts and concepts.
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The association stradegy is used to_________information
Answers
Answer:
The association strategy is used to help memorized information.
Explanation:
A benefit of using association is that it allows the learner to be creative and have fun. ... The association strategy is used to help memorized information.
What responsibilities does a parent have in an American school system?
Answers
layton is retired and sells hand-crafted fishing rods as a home-based business for a little extra spending money. because he processes less than a dozen credit card payments per year, he does not need to worry about pci compliance requirements for handling his customers’ payment information. t or f
Answers
The correct Statement : Layton does not need to worry about PCI compliance requirements for handling his customers’ payment information as for his home-based business uses less than a dozen credit card payments per year.
The answer is False.
When receiving, sending, processing, and storing credit score card statistics, corporations are required to adhere to a fixed of 12 security requirements referred to as PCI compliance, or charge card enterprise compliance. PCI compliance needs that small companies manage firewalls, preserve antivirus software, assign precise IDs to each employee with computer access, and encrypt cardholder data.
The PCI safety requirements are managed through the fee Card enterprise security requirements Council, an impartial employer installed through the cardboard networks in 2006. the cardboard networks and price processors are accountable for imposing these requirements. no matter what number of card transactions are done, every service provider needs to be PCI compliant.
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What are wholesalers
Answers
Answer:
Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.
Hope this help :)
Answer:
Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.
Explanation:
Examples; Costco Wholesale & Sam's Club
‼️‼️ Which of the following statements about international business is the most
accurate?
A. International business can be riskier than domestic business but
the size of the market makes it a very attractive option.
B. Individuals and small business are at less risk than large
corporations in selling overseas.
c. Most products on the market today are produced domestically.
D. International banking regulations are the same in most countries.
Answers
Answer:
A
Explanation:
A-P-E-X
International business can be riskier than domestic business but the size of the market makes it a very attractive option is the most accurate statement about international business among the given options. The correct option is A.
Why international business is riskier than domestic business?More regulations apply to international business than domestic business. Domestic business generally has lower quality requirements than the international company. In comparison to domestic business, overseas business typically has greater quality standards.
International business involves trading goods and services across national borders, which can expose businesses to a range of risks such as currency fluctuations, political instability, different legal systems, and cultural differences. However, the size of the international market and the potential for increased revenue and profit can make it an attractive option for businesses seeking to expand their operations.
Thus, the ideal selection is option A.
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Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?
Answers
Answer:competitive advertising
Explanation:
I’m not for sure but I think that might be the answer
Answer: competitive advertising
Explanation:
if on online course it is what was right
Scott, Mark, and Joe want to buy into a restaurant franchise. Joe is an accountant. Mark has previous restaurant experience as a server and manager. Scott is an attorney. In order to open this franchise, they must commit to opening 3-5 stores and are required to have $10 million in liquid assets (Cash is a highly liquid asset followed by the banking accounts, checkable account, short-term promissory notes, treasury bills and other government bonds. ) They currently do not have the required liquid assets. Which business organization will be the best for this situation and how will they solve their money problems?
Answers
Given their diverse backgrounds and lack of sufficient liquid assets, a limited liability partnership (LLP) would be the most suitable business organization for Scott, Mark, and Joe.
This type of partnership allows for individual liability protection while still allowing for shared profits and management responsibilities. To address their money problem, the group can explore various options. One option would be to seek out investors who are willing to contribute the necessary funds in exchange for a percentage of ownership and profits.
Another option would be to secure a loan from a financial institution or private lender. In order to increase their chances of approval, they can develop a comprehensive business plan that outlines their strategies for success and projected financial performance.
Additionally, Scott, Mark, and Joe could also consider alternative means of financing such as crowdfunding or seeking out grants or subsidies from government agencies or non-profit organizations. It may also be beneficial for them to seek guidance and advice from a financial advisor or business consultant to help them make informed decisions and develop a strong financial plan for their franchise venture.
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The fact that nominal GDP has risen faster than real GDP:
A) tells us nothing about what has happened to the price level.
B)suggests that the general price level has risen.
C)suggests that the general price level has fallen.
D)suggests that the base year of the GDP price index has been shifted.
Answers
The fact that nominal GDP has risen faster than real GDP suggests that the general price level has risen (Option B).
Nominal GDP represents the market value of all goods and services produced in an economy within a specific period, calculated using current market prices. Real GDP, on the other hand, measures the same but is adjusted for inflation to provide a more accurate comparison of economic growth over time.
When nominal GDP increases faster than real GDP, it indicates that the overall market value of goods and services has increased, but not necessarily because of an increase in the production or quantity of these goods and services. Instead, it implies that the prices of goods and services have risen, leading to a higher nominal GDP value.
This increase in the general price level, known as inflation, affects the purchasing power of money and has various economic implications. To summarize, the faster rise of nominal GDP compared to real GDP indicates that the general price level has increased, and this is best represented by Option B.
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The reference base period for the CPI is 1982-1984. In May 2017, the CPI was 244.7. Complete the sentence. This CPI in May 2017 tells us that the ______ of the prices paid by urban consumers for a fixed basket of consumer goods and services was ______ .
Answers
Answer:
1. average;
2. 144.7 percent higher in May 2017 than the average of 1982-1984
Explanation:
Given the reference base period for the CPI is 1982-1984. And then, considering that in May 2017, the CPI was 244.7.
Then completing the following statement goes thus:
The Cost Price Index, often shortened as CPI, in May 2017 tells us that the AVERAGE of the prices paid by urban consumers for a fixed basket of consumer goods and services was "144.7 percent higher in May 2017 than the average of 1982-1984."
the guy who put letters in math is the reason im failing in geometry im just like
Answers
Answer:
I did that because I wanted to earn points, and alas. I wasnt sure how to other than this.
Explanation:
On his marvel company team, sam wilson is "the motivator. " he’s always encouraging his teammates to work harder and try to perform better. Which of belbin’s team roles is sam enacting?.
Answers
Sam Wilson's Marvel Corporation team refers to him as "the motivator" since he consistently encourages his coworkers to put in more effort. Belbin team members play "shapers" duties. Sam is enacting.
What is Belbin's theory of team roles?The three action-oriented roles are shaper, implementer, and finisher; the three people-oriented roles are coordinator, teamworker, and resource investigator; and the three cerebral roles are plant, monitor, and evaluator. According to Belbin's theory, a team role is "a tendency to behave, contribute, and interrelate with others in a particular way."As our experience, functional position, and working environment evolve over time, so can our team roles.Although a total switch of duties is unusual, you can notice that team roles change your profile up or down.To learn more about Belbin's theory refer,
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99) Distributors for a furniture manufacturer are complaining that the billing for goods they order is frequently not correct, and sometimes are sent to the wrong e-mail and postal addresses. What steps would you take to improve the quality of data in the manufacturer's databases?
Short Answer:
Answers
You can conduct a thorough audit of the current billing and delivery processes to identify any gaps or errors that may be causing the issues.
How to improve the quality of dataTo improve the quality of data in the manufacturer's databases, the following steps can be taken:
1. Conduct a thorough audit of the current database to identify any errors, inconsistencies or duplicates.
2. Implement a standardized process for data entry and ensure that all information is entered accurately and consistently.
3. Establish a system for regular data cleansing and validation to maintain the accuracy of the database.
4. Provide training to all employees involved in data entry to ensure they understand the importance of accuracy and consistency.
5. Develop a system for tracking and resolving any errors or issues that arise.
6. Regularly review and update the database to ensure that it remains current and relevant.
By taking these steps, the manufacturer can improve the accuracy and reliability of its databases, which will ultimately lead to better customer satisfaction and fewer complaints from distributors.
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all three level of professionals are required to run an organization or a business is smoothly classified as a statement
Answers
All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.
Answer:
It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.
The three levels of professional required are:
Top-level management
Middle-level management
Low-level management
Explanation:
Top-Level Management
Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.
Middle-Level Management
Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.
Low-Level Management
Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.
What does it prove about the VietnIf you are trying to get access to a credit card before your 21st birthday, which of the suggestions depends on your parent or guardian's support?am War draft?
Answers
Becoming an authorized user on someone else's credit card account. Option B is correct choice.
Becoming an authorized user on someone else's credit card account means that the individual is given permission to use the credit card of the primary account holder, who is usually a parent, guardian, or other family member. This allows the individual to make purchases and build credit history, while the primary account holder remains responsible for making payments on the account.
However, becoming an authorized user may depend on the parent or guardian's support, as they must be willing to add the individual to their account and grant permission for them to use the credit card. If the parent or guardian is not willing to add the individual as an authorized user, then this option would not be available to them. Option B is correct.
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-The complete question is, Which of the following suggestions for getting access to a credit card before your 21st birthday depends on your parent or guardian's support?
A) Applying for a secured credit card
B) Becoming an authorized user on someone else's credit card account
C) Building credit through alternative means--
can someone help me? got till the end of the day :/
Answers
Answer:
A
Explanation: