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insens350 [35]
3 years ago
13

GAAP stresses the importance of obtaining consent when collecting, using, and sharing informaton about customers. if a company's

policy is to ask customers for permission to collect sensitive personal information and then only asks questions about sensitive matters after the customer agrees to answer such questions it is referred to as?
Business
1 answer:
Sophie [7]3 years ago
4 0

Answer:

Explicit consent.

Explanation:

Explicit consent then means that the data subject must give an express statement of consent, for instance in a written statement.

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The _____ is a 1969 agreement among bolivia, chile, ecuador, colombia, and peru to establish a customs union.
MariettaO [177]
Andean Pact, I believe it the correct answer! Hope it helps!
5 0
3 years ago
Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis.
iogann1982 [59]

Answer and Explanation:

The vertical analysis is presented below:

Comparative Balance Sheet

<u>Particulars Dec 31, 2020      Percentage    Dec 31, 2019            Percentage </u>

(a)                      [(a) ÷ $3200000] × 100 (b)   [(b) ÷ $3000000] ×100

Accounts

receivables $400,000            12.5%             $400,000                  13.3%

Inventory        $864,000             27.0%           $600,000                   20.0%

Total Assets  $3,200,000          100.0%           $3,000,000              100.0%

4 0
2 years ago
Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it do
devlian [24]

Answer:

FALSE

Explanation:

The resource management refers to how efficient and effective are used the organization's resources.

We must understand for resources the following:

  • financing
  • finished goods
  • raw materials
  • human resources
  • information and technology
  • natural resources

As a service-providing organization do not employs a manufacturing process theyr levels of planning are lower in a service-providing organization

5 0
3 years ago
On January 1, 2021, Nana Company paid $100,000 for 6,200 shares of Papa Company common stock. The ownership in Papa Company is 1
anygoal [31]

Answer:

$372,000

Explanation:

The computation of the amount to be reported in the balance sheet is shown below:

= Number of shares of common stock × fair value of the Papa stock on that date per share

= 6,200 shares × $60

= $372,000

Since in the question it is given that the Nana company does not have significant influence over Papa Company which means that the net income, retained earning, dividend is not be considered.

Therefore, the investment should be reported at the fair value

6 0
3 years ago
Which financial planning document should you use to measure your current financial​ condition?
fiasKO [112]

Answer:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.

Explanation:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.

3 0
3 years ago
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