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3 years ago

The privacy act of 1974 ____.

1 answer:

6 0

The answer is D.
The privacy Act of 1974 applies only to certain federal agencies. The act regulates the handling of personal information about individuals. The act establishes a code of fair information practices that governs the collection, maintenance, use, and dissemination of information about individuals that is maintained in systems of records by federal agencies.

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Huprey Co. is the defendant in the following legal claims. For each of following claims, does Huprey (a) record a liability, (b)

salantis [7]

Answer:

1. Huprey can resonably estimate that a pending lawsuit will result in damages of $1,280,000, it is probable that Huprey will lose the case.

Record a liability.

2. It is reasonably possible that Huprey will lose a pending lawsuit. The loss cannot be estimable.

Disclose in notes.

3. Huprey is being sued for damages of $2,400,000. It is very unlikely (remote) that Huprey will lose the case.

Have no disclosure.

Explanation:

Contingent liabilities must be recorded only when it is probable that the liability will happen and you can estimate the associated costs.

When contingent liabilities are only reasonably possible or you cannot estimate the amount, they must be included in the footnotes of the financial statements.

When contingent liabilities are not reasonably possible, nothing needs to be disclosed.

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3 years ago

Technological improvements have made it possible to do a restaurant’s food cost percentage in about _____________ of the time it

EleoNora [17]

Answer: One-third

Explanation:

The impact of technology in our everyday life cannot be understated. Technology has made life easier by simplifying our work lives and personal lives. In the restaurant industry, technological terms such as artificial intelligence, mobile apps, smart devices etc are now common in the industry.

Technology helps in making work easier. This can be noticeable in knowing the food cost percentage of a restaurant. Through technology, the food cost percentage of a restaurant can now be known in one third of the time used before technology came into place.

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3 years ago

Read 2 more answers

Which of the following give the nominal value of a variable? Check all that apply. Poornima's wage is $14.00 per hour in 2013. P

jok3333 [9.3K]

Answer:

Poornima's wage is $14.00 per hour in 2013. Nominal

Poornima's wage is 2 paperback novels per hour in 2013. Real

The price of a donut is $2.00 in 2013. Nominal

Explanation:

A nominal value of a variable is the value of an economic variable in terms of the price level at the time of its measurement; or, unadjusted for price movements.

Real: The value of an economic variable adjusted for price movements.

Poornima's wage is $14.00 per hour in 2013. Nominal

Poornima's wage is 2 paperback novels per hour in 2013. Real

The price of a donut is $2.00 in 2013. Nominal

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3 years ago

In a recent year, BMW sold 217,044 of its 1 Series cars. Assume the company expected to sell 226,244 of these cars during the ye

True [87]

Answer:

The answers are:

+ Sales price variance: $65,113,200

+ Sales volume variance: $(239,200,000)

Explanation:

We have detailed calculations shown as below:

Sales price variance = ( Actual unit sales price - budgeted unit sales price) x actual unit sold = ( 26,300 - 26,000) x 217,044 = $65,113,200;

Sales volume variance = ( Actual unit sold - Budgeted unit sold) x budgeted unit sales price = (217,044 - 226,244) x 26,000 = $(239,200,000).

So, for BMW recent year, we have:

+ Sales price variance: $65,113,200;

+ Sales volume variance: $(239,200,000).

6 0

3 years ago

Read 2 more answers

(problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance

kirill115 [55]

Since Margo purchase her optimal consumption bundle, the marginal utility per dollar consumed on dance lessons must be equivalent to the marginal utility per dollar paid on dance shoes. The marginal utility per dollar spent on dance lessons is 100 utils per lesson, where $50 per lesson is equivalent to 2 utils per dollar. The marginal utility per dollar expended on dance shoes therefore has to equal 2 utils per dollar. Since the marginal utility of a pair of dance shoes cost 300 utils per pair, the value of a pair of shoes should be $150 per pair, so that 300 utils per pair/$150 per pair is equal to: 2 utils per dollar.

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3 years ago