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Bad White [126]
2 years ago
5

Data disposal laws require a. businesses to notify individuals who are affected by any incident that results in unauthorized acc

ess of data. b. businesses to destroy customer data and maintain reasonable security procedures to guard against theft. c. senders of promotional emails to offer an opt-in system to recipients. d. companies to obtain permission from customers before destroying data older than ten years old.
Business
1 answer:
Darina [25.2K]2 years ago
4 0

Answer:

b. businesses to destroy customer data and maintain reasonable security procedures to guard against theft.

Explanation:

A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.

A data dictionary can be defined as a centralized collection of information on a specific data such as attributes, names, fields and definitions that are being used in a computer database system.

In a data dictionary, data elements are combined into records, which are meaningful combinations of data elements that are included in data flows or retained in data stores.

This ultimately implies that, a data dictionary found in a computer database system typically contains the records about all the data elements (objects) such as data relationships with other elements, ownership, type, size, primary keys etc. This records are stored and communicated to other data when required or needed.

A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

Thus, law is a tool used by the judiciary, lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior and orderliness in a society.

Data disposal laws require businesses to destroy customer data and maintain reasonable security procedures to guard against theft. Thus, any customer data collected by a business firm should be protected securely and discarded when no longer in use.

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On January 2, 2017, a calendar-year corporation sold 5% bonds with a face value of $2500000. These bonds mature in five years, a
Oksanka [162]

Answer:

Consider the following explanation

Explanation:

Under Effective interest method, Interest calculated at the effective interest rate (i.e., the yield of the bond) is charged as an expense annually, and the payment made basis the Coupon rate.

In the given case, interest to be paid semi annually i.e, on June 30 and on December 31, will be $62,500 (i.e., 2,500,000 * 5% * 6/12).

On the basis of above, the interest expense to be charged in the 2017 can be calculated as follows: take a look to the attached archive.

As calculated above, the amount to be charged as interest expense for the year 2017 is (80,220 + 80,840 i.e.,) $ 161,060.

Download xlsx
3 0
3 years ago
Fargus Corporation owned 55% of the voting common stock of Sanatee, Inc. The parent's interest was acquired several years ago on
Nadusha1986 [10]

Answer:

See explanation for the answer.

Explanation:

1.

Balances of bonds payable, bond investment, interest income and interest expense are to be considered

Proceeds from for bonds (1400000*50%*0.95)                   665000

Carrying value of bonds  

Face value (1400000*50%)                                        700000  

Unamortized premium (8/10*(1400000*50%*0.09)) 50400  

Carrying value                                                                  750400

Gain on retirement of bonds                                            85400

2.

General journal                                   Debit                  Credit

Bonds payable                                   700000  

Premium on bonds payable                   44100  

Interest income                                    74375  

Investment in bonds (665000+4375)                          669375

Interest expense                                                          63700

Gain on retirement                                                  85400

5 0
3 years ago
True or False: Wages in the auto manufacturing industry would be greater than those in the aircraft manufacturing industry.
miss Akunina [59]

Answer:

The statement is: False.

Explanation:

Wages in one industry or another will depend on the labor demand and the specialization required for the job. Auto manufacturing technician job positions are demanded in higher quantities than aircraft manufacturing mechanics. The reason is that aircraft traffic is not even close to the automobile traffic level. Thus, <em>as more auto technicians are requested, their wages tend to be lower</em>. Besides, <em>as fewer aircraft technicians are requested, their wages tend to be higher</em>.

3 0
3 years ago
Assuming that the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 2
sdas [7]

The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.

<h3>How to calculate the reserve requirement?</h3>

From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.

Therefore, the reserve requirement will be:

= 20% × $40 million

= $8 million.

Learn more about reserve requirements on:

brainly.com/question/25812353

#SPJ1

8 0
2 years ago
Outstanding stock of the Blossom Corporation included 30000 shares of $5 par common stock and 8000 shares of 5%, $10 par non-cum
Arlecino [84]

Answer:

$6,500 was distributed to preferred shareholders

Explanation:

Dividend distributed to preferred share is based on the predetermined rate associated with these share. When the dividend is declared preferred share dividend is paid first. The remainder is distributed between the common stockholders.

Value of Preferred share = 8000 shares x $10 par value = $80,000

Preferred Dividend = $80,000 x 5% = $4,000

Accrued dividend of 2016 = $4,000 - $1500 = $2500

Total Dividend Accrued = $2,500 + $4,000 = $6,500

3 0
3 years ago
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