Test 1 Vocab Flashcards
(15 cards)
What is a change-management approach?
It ensures that changes are implemented in the best possible way that will lead to long-term benefits.
What is foreign currency exchange?
It refers to the changing rates of exchange between foreign countries, which can lead to financial losses if a foreign currency’s value suddenly decreases.
What does a project schedule network diagram show?
It shows activities and relationships and is best for demonstrating relationships among activities in projects.
What is a bar chart?
A representation of activities, dates, and durations using vertical and horizontal axes.
What is a milestone chart?
It is similar to a bar chart but only shows the start or completion of major deliverables.
What is a project calendar?
A tool that identifies working days and shifts that are available for scheduled activities.
What are reference groups?
Groups someone aspires to be a part of as well as groups they want to distance themselves from.
What is a membership group?
A group that someone is a part of, such as a church or sports team.
What are finance charges?
Interest charges on accounts that are not paid in full at the end of each payment period, usually a percentage of the total amount due.
What are annual fees?
Yearly fees charged for the privilege of using a bank credit card.
What are installment payments?
Set amounts paid by specific times to repay an installment loan or to pay for an installment credit purchase.
What is identity theft?
The fraudulent acquisition and use of a person’s private identifying information, usually for financial gain.
What is credit card fraud?
When someone steals or finds your credit card and obtains information from it to make purchases or use your card in a fraudulent manner.
What is phishing?
An online identity theft scam that fools its victims into believing they are submitting sensitive, personal information to a legitimate website.
What is debt collection fraud?
When scammers call or contact consumers demanding payment of fake outstanding debts.
