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weqwewe [10]
3 years ago
12

Which act requires that financial institutions must provide a privacy notice to each consumer that explains what data about the

consumer is gathered, with whom that data is shared, how the data is used, and how the data is protected?
Computers and Technology
1 answer:
Tom [10]3 years ago
7 0

Answer:

Gramm-Leach-Bliley Act

Explanation:

Under the Gramm-Leach-Bliley Act, financial institutions must provide a privacy notice to each consumer that explains what data about the consumer is gathered, with whom that data is shared, how the data is used and how the data is protected.

The law stipulates that for any consumer with a financial institution, the financial institution should make provision of a privacy notice. This privacy notice outlines in explicit details the following; what data about the consumer is gathered, with whom that data is shared, how the data is used and how the data is protected.

This was done in order to protect the consumer right and the right of the financial institution.

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The electric company gives a discount on electricity based upon usage. The normal rate is $.60 per Kilowatt Hour (KWH). If the n
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Answer:

The cpp program for the given scenario is shown below.

#include <stdio.h>

#include <iostream>

using namespace std;

int main()

{

   //variables to hold both the given values

   double normal_rate = 0.60;

   double rate_1000 = 0.45;

   //variable to to hold user input

   double kwh;

   //variable to hold computed value

   double bill;

   std::cout << "Enter the number of kilowatt hours used: ";

   cin>>kwh;

   std::cout<<std::endl<<"===== ELECTRIC BILL ====="<< std::endl;

   //bill computed and displayed to the user

   if(kwh<1000)

   {

       bill = kwh*normal_rate;

       std::cout<< "Total kilowatt hours used: "<<kwh<< std::endl;

       std::cout<< "Rate for the given usage: $"<<normal_rate<< std::endl;

       std::cout<< "Total bill: $" <<bill<< std::endl;

   }

   else  

   {

       bill = kwh*rate_1000;

       std::cout<< "Total kilowatt hours used: "<<kwh<< std::endl;

       std::cout<< "Rate for the given usage: $"<<rate_1000<< std::endl;

       std::cout<< "Total bill: $" <<bill<< std::endl;

   }

   std::cout<<std::endl<< "===== BILL FOR GIVEN VALUES ====="<< std::endl;

   //computing bill for given values of kilowatt hours

   double bill_900 = 900*normal_rate;

   std::cout << "Total bill for 900 kilowatt hours: $"<< bill_900<< std::endl;

   double bill_1754 = 1754*rate_1000;

   std::cout << "Total bill for 1754 kilowatt hours: $"<< bill_1754<< std::endl;

   double bill_10000 = 10000*rate_1000;

   std::cout << "Total bill for 10000 kilowatt hours: $"<< bill_10000<< std::endl;

   return 0;

}

OUTPUT

Enter the number of kilowatt hours used: 555

===== ELECTRIC BILL =====

Total kilowatt hours used: 555

Rate for the given usage: $0.6

Total bill: $333

===== BILL FOR GIVEN VALUES =====

Total bill for 900 kilowatt hours: $540

Total bill for 1754 kilowatt hours: $789.3

Total bill for 10000 kilowatt hours: $4500

Explanation:

1. The program takes input from the user for kilowatt hours used.

2. The bill is computed based on the user input.

3. The bill is displayed with three components, kilowatt hours used, rate and the total bill.

4. The bill for the three given values of kilowatt hours is computed and displayed.

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