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3 years ago

Under the (GLBA) privacy rule, why is it important to differentiate between a consumer and a customer?

Business

1 answer:

enot [183]3 years ago

3 0

Answer:

D. Only customers receive a financial institution privacy notice automatically

Explanation:

Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

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Gable Ceramics, a division of Alderman Corporation, has an operating income of $ 64 comma 000 and total assets of $ 400 comma

solniwko [45]

Answer:

The question is meant to compare the original ROI and RI before the investment compared to the new investment is ROI and RI

The new investment has a lower return on investment of 11% compared to original 14%

However,the project should be considered since it has $3000 residual income in additional to the original residual income

Explanation:

The return on investment and residual income before the new investment are computed thus:

return on investment=operating income/total assets=$64,000/$400,000=16%

residual income=operating income-(total assets*rate of return)

=$64,000-($400,000*11%)=$20,000

Thereafter,the return on investment and residual income on the new investment are computed thus:

return on investment=operating income/total assets=$14,000/$100,000=14%

residual income=operating income-(total assets*rate of return)

=$14,000-($100,000*11%)=$3,000

4 0

3 years ago

The main units of local government.

miskamm [114]

Answer:

There are four main types of local government- counties, municipalities (cities and town), special districts, and school districts. Counties are the largest units of local government, numbering about 8,000 nationwide. They provide many of the same services provided by cities.

Explanation:

4 0

3 years ago

Read 2 more answers

A new investment opportunity for you is an annuity that pays $550 at the beginning of each year for 3 years. You could earn 5.5%

faltersainse [42]

Answer:

$1,565.48

Explanation:

This is an annuity due type of question since the recurring payments are made at the beginning of each year unlike Ordinary annuity whose payments occur at the end of each period.

With a financial calculator on beginning mode "BGN", use the following inputs to find the PV;

Total duration of investment; N = 3

Recurring payment; PMT = 550

Interest rate; I/Y = 5.5%

One time cashflows; FV = 0

then compute for Present value ; CPT PV = 1,565.476

Therefore, the most you should pay is $1,565.48

6 0

3 years ago

The business world is becoming increasingly global due to advances in technology and travel. This means that businesspeople must

OLEGan [10]

Since the questions are different, the answers are separated for question 1 and 2

ANSWER:

1) The best question to ask is: "What are the top three sights I should see".

2) Avoid assuming unethical behavior until you clarify what he is asking for in relation to the agreed-upon contract.

Inform the executive that this extra $10,000 wasn't in the original contract.

EXPLANATION:

1) It I very important to know the things expected to happen in the meeting, so that you can prepare ahead for it. Knowing the top three sights will help you prepare ahead for them. This question tends to extract the frequent and most occuring actions the supervisor always encounter during her meetings at Thailand.

2) It is not always right for us to condemn people's actions without the details of such action. Try to understand the details of why the executive wants you to add $10,000 to the cost of the project, so that you won't assume wrongly. And it is always right to specify the $10,000 demanded by the executive as a separate cost from the initial cost of the project, if the money does not directly linked the the initial cost of the project.

7 0

3 years ago

A project has an initial cost of $31,800 and a market value of $29,600. What is the difference between these two values called

Kazeer [188]

Answer:

Net present value

Explanation:

Below is the given values:

Net present value is the correct answer.

Initial cost of the project = $31800

Market value of the project = $29600

The difference between these two are = 31800 - 29600 = $2200

Net present value shows that the present value of cash inflows minus cash outflows. Moreover, the present value comes by discounting the cash flows at an applicable discount rate.

5 0

3 years ago