A Telecommunication access device means a card, plate, code, account number, personal identification number, electronic serial number, mobile identification number, or other identifier that may be used to:

• A. obtain money, goods, services, or other thing of value
• B. initiate a transfer of funds other than a transfer originated solely by paper instrument
• C. both A and B
• D. none of the above

Answer: (C)

A telecommunication access device is defined by its ability to unlock or authorize access to financial resources or telecom services. Because it can be used to obtain money, goods, or services directly, and it can also be used to initiate electronic transfers of funds (not just transfers by paper), the definition covers both scenarios. That’s why the best answer combines both possibilities.