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2 years ago

If you discover a data breach you should immediately notify the proper authority and also:.

1 answer:

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If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.

<h3>What is a Data breach?</h3>

A data breach refers to a safety violation, wherein sensitive, covered or exclusive records is copied, transmitted, viewed, stolen, or utilized by a person unauthorized to do so. Other phrases are accidental facts disclosure, records leak, facts leakage, and records spill.

therefore, If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.

Learn more about Data Breach here:

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Read more about law here:

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3 years ago

On March 31, 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,670. The balance in the firm's che

Blizzard [7]

Answer and Explanation:

1. The preparation of bank reconciliation statement is shown below:-

Home Decorating Pavilion

Bank Reconciliation

Cash balance per bank, March 31 $9,760

Add: Deposit in transit $2,795

Bank Error $605 $3,400

Less: Outstanding checks

358 $445

359 $1,570 $2,015

Reconciled Bank Balance $11,145

Cash balance per books, March 31 $9,832

Add: Collection of Notes Receivable$1,540

($1,400 + $140)

Error in Recording Check No 341 $100 $1,640

($900 - $800)

Less: Bank service charge $17

NSF check $485 $502

Reconciled Cash Balance $10,970

2. The Journal entry is shown below:-

a. Cash Dr, $1,540

($1,400 + $140)

To Notes receivable $1,400

To Interest income $140

(Being cash is recorded)

b. Cash Dr, $100

($900 - $800)

To rent expenses $100

(Being cash is recorded)

c. Accounts receivable Dr, $485

To cash $485

(Being accounts receivable is recorded)

d. Miscellaneous Dr, $17

To cash $17

(Being Miscellaneous is recorded)

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3 years ago

Suppose the government requires beer drinkers to pay a $3 on each case of beer that they purchase. a. Illustrate the market for

kirill [66]

Explanation:

a).In the following graph, $D_0 \text{ and}\ S_0$ are the pre tax demand the supply curve that intersects at the point A with price $P_0$ (the price paid by the buyers = price received by sellers) and the quantity $Q_0$ (quantity bought = quantity sold)

b). The tax on the consumers will decrease the demand of the beer shifting the demand curve leftwards from the $D_0 \text{ and}\ D_1$ intersecting point $S_0$ at point B. Price paid by the buyers is point $P_1$ , price received by the producers is $P_2$ and the tax per unit is $(P_1 - P_2)$ , which is equal to the vertical distance BC. Quantity bought and sold is lower at $Q_1$ .

c). Producer surplus is the area between supply curve and the price received by the producers, which is equal to the area $P_2BE$ . And the consumer surplus may be the area between the price paid by the consumers and the demand curve, and is equal to the area $P_1CD$ .

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3 years ago

Why might someone choose to diversify their investments?

Feliz [49]

Answer:

When you diversify your investments, you reduce the amount of risk you're exposed to in order to maximize your returns. Although there are certain risks you can't avoid, such as systemic risks, you can hedge against unsystematic risks like business or financial risks.

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3 years ago

Taylor Bank lends Guarantee Company $150,000 on January 1. Guarantee Company signs a $150,000, 8%, 9-month note. The entry made

Reptile [31]

Answer:

B. Cash 150,000 Notes Payable 150,000

Explanation:

Sr Account Dr Cr

Jan 1 Cash $ 120,000

Notes Payable $ 120,000

This entry would be made in the books of Guarantee Company. As the interest has not yet accrued so no entry regarding the interest expense or interest payable would be made.

Choice A is not correct because it accounts for interest expense which has not yet accrued from the cash received.

Choice C is also incorrect because the actual amount of cash received is $ 150,000.

Choice D is also incorrect because Cash is debited with an increase and liabilities increase with a credit and this is reverse.

Best Choice is B

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3 years ago