what compliance regulation is similar to the european union (eu) general data protection regulation (gdpr) of 2016 and focuses on individual privacy and rights of data owners?
Answers
This regulation is called the EU General Data Protection Regulation or GDPR, and is aimed at guiding and regulating the way companies across the world will handle their customers' personal information and creating strengthened and unified data protection for all individuals within the EU.
What do you mean by privacy?
Because privacy provides us the freedom to decide who to share our thoughts and feelings with, it is crucial. Our information is protected by privacy if we don't want it made public (such as health or personal finances). Protecting our physical safety through privacy (if our real time location data is private).Commonly, privacy is viewed as a private good, with my personal information being mine to safeguard and manage and yours being yours. This understanding of privacy leaves out a crucial element of the policy issue. A person who handles data carelessly exposes vast information about both herself and other people.To know more about privacy here
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Related Questions
5. calculating tax incidence suppose that the local government of raleigh decides to institute a tax on soda consumers. before the tax, 35 billion liters of soda were sold every year at a price of $10 per liter. after the tax, 30 billion liters of soda are sold every year; consumers pay $15 per liter (including the tax), and producers receive $7 per liter. the amount of the tax on a liter of soda is $ per liter. of this amount, the burden that falls on consumers is $ per liter, and the burden that falls on producers is $ per liter. true or false: the effect of the tax on the quantity sold would have been the same as if the tax had been levied on producers. true false
Answers
The given assertion " The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers." is False. because the effect of fiscal and tax policies on the financial design is regularly evaluated utilizing the taxation rate.
The proportion of duties gathered in a given period to the complete item. the effect of the tax on the quantity sold could not have possibly been bigger if the expense had been exacted on makers.
The weight of the assessment and the subsequent change in amount would be equivalent whether or not the duty is imposed on makers or customers, accepting that the market is serious and there could be no different twists.
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a company estimates that warranty expense will be 2% of sales. the company's sales for the current period are $146,000. the current period's entry to record the warranty expense is: multiple choice debit estimated warranty liability $2,920; credit cash $2,920. debit warranty expense $2,920; credit sales $2,920. no entry is recorded until the items are returned for warranty repairs. debit estimated warranty liability $7,960; credit warranty expense $7,960. debit warranty expense $2,920; credit estimated warranty liability $2,920.
Answers
Debit warranty expense is $5,380. the company estimated warranty liability of $5380.
Estimated Corporate Expenses means the sum of (i) corporate expenses incurred prior to the filing date of the Estimated Closing Balance Sheet and (ii) a reasonable estimate of corporate expenses incurred after that date.
Estimated cost is a projection of the cost that will be incurred to build a product or to build something. This amount is derived as part of the internal project capital budgeting process or as part of the analysis.
When you're dealing with the information presented in a clustered frequency table, you don't know all the values, so you can't calculate the actual average. Instead, we do our best to estimate the mean.
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macro forces in the firm's environment include: government, economic, technological, sociocultural and natural forces:
T/f
Answers
Government, economic, technical, social, and natural factors are examples of macro influences that affect a company's surroundings. True.
The macro-environment is made up of a variety of external elements, including sociocultural norms, political, legal, and economic developments. The larger commercial environment as a whole is referred to as the macro environment. Politics, technology, and other aspects may be involved, but economics is the most important one.
The main outside factors (economic, demographic, technical, natural, social and cultural, legal and political) that have an impact on a firm's performance and decision-making. The forces and causes that are external to your firm and hence uncontrollable make up the macro environment. Legal, technical, environmental, sociocultural, and demographic variables are a few examples of the macro environment.
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Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answers
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Cost-push inflation is caused by
increasing input prices. Which of the
following would NOT contribute to
increasing input prices?
A. expansionary monetary policy
B. a sharp decrease in the supply of oil
C. a sudden decrease in access to coal
Answers
please classify the given groups of people as either employed, unemployed, or not in the labor force.
- people in active military service - full-time students - full-time home-makers - those who worked during the previous week - people in prison - people who do not have a job but actively looked in the last four weeks - retirees who neither have a job nor are looking for a job - people temporarily away from their jobs due to illness - mental patients confined in institutions - people temporarily away from their jobs due to vacation - people who actively looked for a job during the last 12 months, but not the last four weeks
Answers
Classification:
- People in active military service: Employed
- Full-time students: Not in the labor force
- Full-time home-makers: Not in the labor force
- Those who worked during the previous week: Employed
- People in prison: Not in the labor force
- People who do not have a job but actively looked in the last four weeks: Unemployed
- Retirees who neither have a job nor are looking for a job: Not in the labor force
- People temporarily away from their jobs due to illness: Employed
- Mental patients confined in institutions: Not in the labor force
- People temporarily away from their jobs due to vacation: Employed
- People who actively looked for a job during the last 12 months but not the last four weeks: Not in the labor force
Explanation:
1. People in active military service are considered employed as they are actively engaged in work.
2. Full-time students are not part of the labor force as their primary role is education rather than employment.
3. Full-time home-makers are not part of the labor force as their primary occupation is taking care of the household.
4. Those who worked during the previous week are considered employed as they were engaged in work recently.
5. People in prison are not part of the labor force as they are unable to actively participate in the job market.
6. People who actively looked for a job in the last four weeks but do not have a job are classified as unemployed.
7. Retirees who are not actively seeking employment are not part of the labor force.
8. People temporarily away from their jobs due to illness are still considered employed as they have a job to return to.
9. Mental patients confined in institutions are not part of the labor force as their focus is on receiving treatment.
10. People temporarily away from their jobs due to vacation are considered employed as they have jobs they will return to.
11. People who actively looked for a job in the last 12 months but not in the last four weeks are not part of the labor force as they are not currently seeking employment.
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Price leadership Group of answer choices Is illegal under the Federal Trade Commission Act. None of the Answers are Correct Typically results in greater instability in oligopolistic markets. Permits oligopolistic firms in a given market to coordinate marketwide price changes. Is common in perfectly competitive markets.
Answers
Price leadership permits oligopolistic firms in a given market to coordinate market wide price changes.
What is oligopolistic competition?A circumstance where there are few sellers (of products that can be differentiated, but not much); each seller has a significant share of the market and cannot afford to ignore the other sellers' actions. An oligopolistic market (also known as an oligopoly) is characterized by the dominance of a small number of businesses that provide comparable products and services over a large number of others. In an oligopolistic market, there are few competitors, which limits competition and enables every firm to thrive. The environment often encourages cooperative behavior and regular business ties between companies.Know more about Oligopolistic Competition with the help of the given link:
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Price controls are sometimes used when the natural operation of free markets leads to: positive externalities. undesirable outcomes. an efficient distribution of goods. a trade deficit.
Answers
When a price controls are used, the natural operation of free markets leads to positive externalities.
What is a positive externalities?This refers to a condition that exists when the production and consumption of a good or service benefits a third party not directly involved in the market transaction.
Therefore, the Option A is correct.
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Price controls are sometimes used when the natural operation of free markets leads to undesirable outcomes. Option B. This is further explained below.
What are Price controls?Generally, Price control is simply defined as a government rule setting a maximum price for specific commodities and services.
In conclusion, Occasionally, price restrictions are implemented when the normal functioning of free markets results in unwanted consequences.
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High-profile accounting scandals and the global financial crisis are examples of ___.
Answers
High-profile accounting scandals and the global financial crisis are examples of companies and industries that did not conform to business ethics.
What is business ethics?The rules for ethically correct and wrong behavior in company are referred to as business ethics. However, "legal" and "ethical" are not always identical. Law in part defines behavior. By defining permissible practices outside of the purview of the state, business ethics strengthen the law.
What is the business ethics tenet?The field includes loyalty, fairness, respect, trustworthiness, and technological ethics. It also includes corporate responsibility, personal responsibility, and social responsibility. It places a strong emphasis on employee retention, brand image, and consumer loyalty.
How can business ethics be improved?Engage, talk to, and educate your staff. Utilize effective and educational communication to involve employees as well as other stakeholders, including suppliers, investors, regulators, and customer groups. An ethical culture will be ingrained thanks to effective, consistent, and regular communication and training.
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2. Would you institute a PTO plan at your off-premise catering firm or have separate rules for vacations, sick leave, and holidays? How would your plan accommodate jury duty or bereavement?
Answers
Implementing a PTO (Paid Time Off) plan or having separate rules for vacations, sick leave, and holidays would depend on various factors, including the size of the off-premise catering firm, industry standards, and local laws and regulations. Regarding accommodating jury duty or bereavement, most states and federal laws require employers to offer job-protected leaves for these situations.
In general, a PTO plan can simplify the administration of time-off policies, as it consolidates all types of paid time off into a single bank. This approach can offer more flexibility to employees, as they can use their PTO days for any reason, such as vacations, illness, or personal time. However, PTO plans may not provide sufficient time off for employees who need extended sick leaves or family-related leaves.
On the other hand, having separate rules for vacations, sick leave, and holidays can allow for more precise tracking and management of time off. For instance, an off-premise catering firm might offer a set number of vacation days, sick days, and holidays per year. However, this approach may result in more complex policies and may require more administrative efforts to manage.
Regarding accommodating jury duty or bereavement, most states and federal laws require employers to offer job-protected leaves for these situations. An off-premise catering firm can establish clear policies and procedures for employees to request and use these leaves. For example, the firm might require employees to provide proof of their jury duty service or bereavement event and specify the length and compensation of the leave.
Ultimately, the choice of implementing a PTO plan or separate time-off rules depends on the specific needs and goals of the off-premise catering firm, as well as the legal and regulatory framework in which it operates.
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It is easier to increase the supply of chocolate than the supply of cocoa beans. Do you agree with this statement? Give reasons for your answer.
Answers
Answer:
I agree.
Explanation:
On average cocoa trees need around 4-5 years before they eventually bear fruit and can produce cocoa beans. On the other hand, producing chocolates from those cocoa beans need around 5-8 days.
compared to producing chocolate, producing cocoa beans require more long-term planning and investment, which make it harder to suddenly increase the supply of the beans.
Compared with individuals working in the private sector, public employees do not have ______. a. more stringent codes of ethical behavior b. higher levels of education c. lower standards for pay d. a greater commitment toward civic duty
Answers
Answer:
Option A. More stringent codes of ethical behavior
Option B. Higher levels of education,
and
Option D. A greater commitment toward civic duty,
Explanation:
The public employees have to adhere to stringent codes of ethical behavior because the public employees are professionals and professionals are always highly qualified personal. Their commitment towards the civic duty is high because they are obliged to act in the public interest and not act in a manner that his profession dignity gets affected. The level of experience, education, professionalism, adherence to ethical and company code, results in higher employee compensations.
Hence the Option A, B and D are correct options.
Economic sanctions are more restrictive than trade sanctions
True or False
Answers
A client expresses that she finds herself snacking continuously after dinner in the evening, even though she is not hungry. What is an effective strategy to help her address this
Answers
The food strategy to solve this problem must be introduced by a specialized professional, such as a nutritionist or endocrinologist.
How to reduce the urge to eat compulsively?According to scientific studies, the individual must maintain a balanced diet to supplement their daily nutrient needs, balancing the intake of proteins, carbohydrates and fats for the optimal functioning of the body.
Therefore, maintaining healthy habits and managing stress are effective strategies to reduce bad eating habits.
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Which is NOT an effective way to build relationships with your co-workers?
Answers
'Find one or two co-workers you can complain to' is not an effective way to build relationships with your co-workers. The right answer is b.
Workplace relationships are personal bonds formed between coworkers. It is advantageous for the organisation as a whole and for the morale and wellbeing of the staff to have employees that get along well with one another. When working on a project together, coworkers who get along well with each other are more likely to produce quality work.
Respected coworkers can inspire you to work at the top of your game, and open lines of communication can make all of your tasks run more smoothly. Employees' total productivity is frequently correlated with their psychological well-being. The ability to think creatively can be sparked by having positive interactions with your coworkers.
The correct answer is option b.
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The question seems incomplete. The complete question is:
Which is NOT an effective way to build relationships with your co-workers?
Ask your co-workers about their role, skills, and goals.
Find one or two co-workers that you can complain to.
Find reasons to praise or compliment your co-workers for good work.
Be curious about your co-workers' lives and passions.
With the highest order volume and the highest sale price, the Calendar Shop can expect to make a profit of: A. $7,750.00 B. $10,450.00 C. $8,050.00 D. $11,800.00
Answers
The Calendar Shop orders calendars for the next year every year. 2000 calendars are anticipated to be in high demand in the upcoming year.
The fixed costs for The Shop are $700. The Calendar Shop offers each calendar for $5 despite the fact that each one costs $3. The Shop will lower the calendar price to 60% of the original selling price at the end of July the following year and sell all extra calendars at this price. Assume that the initial selling price fluctuates between $4.00 and $7.25 in $0.25 increments. Up to 4000 calendars can be ordered from The Calendar Shop in increments of 250. Answer the following questions. Start with the initial criteria listed below for each question.
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Prepare journal entries to record the following transactions entered into by the Valente Company: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. ) 2020 June 1 Received a $10,000, 12%, 1-year note from Andrea Foley as full payment on her account. Nov. 1 Sold merchandise on account to Patton, Inc. For $12,000, terms 2/10, n/30. Nov. 5 Patton, Inc. Returned merchandise worth $500. Nov. 9 Received payment in full from Patton, Inc. Dec. 31 Accrued interest on Foley's note. 2021 June 1 Andrea Foley honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2021
Answers
The Journal entries are prepared for Valente Company.
1. Date Accounts and Explanation Debit Credit
2020 June 1 Notes Receivable $10,000
To Andrea Foley $10,000
(Being notes receivable is recorded)
2. Date Accounts and Explanation Debit Credit
Nov. 1 Patton, Inc. $14,000
To Inventories $14,000
(Being inventory is recorded)
3.Date Accounts and Explanation Debit Credit
Inventories $500
Patton, Inc $500
(Being inventory is recorded)
4..Date Accounts and Explanation Debit Credit
Cash $11,270
Discount $ 230
To Barlow $11,500
(Being cash received is recorded)
Patton, Inc invoice transactions:
12,000 invoice nominal
- $500 returned goods
$11,500. amount subject to discount of 2%
- 230 discount as collected within first ten days
11,270cash proceeds
6.Date Accounts and Explanation Debit Credit
Cash $12,600
To Interest revenue $600
($12,000 × 12% × 5 ÷ 12)
To Notes receivable $12,000
(Being cash received is recorded)
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can someone Discuss market attributes that might make
contracting with a hospital more or less difficult for a health
plan. in 250 words no less if you want a like or any credit
Answers
Contracting with a hospital can be influenced by various market attributes that can make the process more or less difficult for a health plan.
These attributes include: Market Concentration: If the hospital market is highly concentrated, with a limited number of dominant hospitals, it can make contracting more challenging for a health plan. In such situations, hospitals may have more bargaining power, leading to higher prices and more stringent contract terms.
Reputation and Quality: Hospitals with a strong reputation for high-quality care and positive patient outcomes may have more leverage in contract negotiations. Health plans may be willing to pay higher rates to include these hospitals in their network to attract members seeking quality care.
Cost Structure: The cost structure of a hospital, including its operating expenses, can impact contract negotiations. Hospitals with high costs or inefficiencies may be less attractive to health plans, as they may result in higher reimbursement rates.
Competitive Landscape: The level of competition among hospitals in a particular market can affect contract negotiations. In more competitive markets, health plans may have more options and bargaining power, leading to more favorable contract terms.
Service Line Offerings: The breadth and depth of services offered by a hospital can influence contracting. Hospitals with specialized services or unique capabilities may be more sought after by health plans, especially if those services align with the health plan's network strategy or target population.
Geographic Coverage: Hospitals' geographic coverage and proximity to the health plan's target population or service area can impact contracting. Hospitals located in areas where the health plan has a significant member base or wants to expand its network may be more desirable.
To navigate these market attributes and improve the contracting process, health plans can employ various strategies. This includes conducting market analysis and leveraging data to understand market dynamics, negotiating contracts based on quality and cost outcomes, fostering relationships with hospitals, exploring innovative reimbursement models, and focusing on building a strong provider network that aligns with the health plan's goals and member needs.
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Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answers
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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Select the correct answer. Richard runs a small manufacturing business. Recently, he discovered that some of the financial transactions recorded in the account books seem misleading. He suspects that some of his employees might be misusing the business’s cash reserves. Which of these measures of internal accounting controls may Richard take to avoid such instances in the future?
A. firing all the employees in the given department
B. reducing the salaries of suspected employees
C. sanctioning financial transactions in advance in the future
D. organizing a conference to discuss such issues
Answers
Answer:
C. sanctioning financial transactions in advance in the future
Explanation:
Sanctioning a financial transaction means approving or authorizing a transaction to be executed. Requiring approval for financial transactions is one of the measures of internal control. Employees are required to seek approval from management or authorities before proceeding with transactions.
Richard should demand that he sanctions all transactions in advance. Through this measure, he will get details and explanations of financial transactions before they happen.
What are the process of a business transaction
Answers
Answer:
A business transaction is a financial transaction between two or more parties that involves the exchange of goods, money, or services. Business transactions can be as simple as a cash purchase or as complex as a long-term service contract .
Explanation:
PLEASE HELP
2 6.1.2 Exam: Exam
A.
Question 1 of 40
Which of the following is an example of internal compliance?
O A. A publishing company prevents its employees from using office
computers for personal use.
O B. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
O c. A hospital's staff members participate in state-mandated training
sessions every year.
D. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
SUBMIT
Answers
The correct answer is A. A publisher prevents its employees from using office computers for personal use.
Explanation
Internal compliance is a set of strategic internal rules and measures focused on employee behavior and ethics. This internal Compliance was obtained with the aim of improving business practices aimed at raising the quality level of results, goals, and objectives. According to the above, the correct answer is "A. publisher prevents its employees from using office computers for personal use." because this is an example of a business rule that pre-empted the misuse of company equipment preventing its employees from using it for purposes other than corporate ones.
What does the business entity principle primarily prevent?
Answers
Answer:
The business entity concept states that the transactions associated with a business must be separately recorded from those of its owners or other businesses. Doing so requires the use of separate accounting records for the organization that completely exclude the assets and liabilities of any other entity or the owner.
Answer:
The business entity principle states that the business and its owner are two separate entities in the eyes of the law. Therefore, their respective investments, withdrawals, income, expenses, profits, and losses should also go into separate accounts. The business accounts should never include the owner’s personal transactions because this might lead to ambiguous accounting information. Thus, the business entity principle primarily prevents a distorted view of the financial condition of the business. It helps in getting a clear understanding of how well the business is actually doing.
Explanation:
sample response given when you check your work
The FDIC in the United States insures some financial accounts up to what amount?
A.
$10,000
B.
$50,000
C.
$100,000
D.
$500,000
Answers
Answer:C
Explanation:
18. Accounting generally has the responsibility for a. setting company goalsb. expressing the budget in financial terms. c. enforcing the budget. d. administration of the budget. 19. Which one of the following is not a benefit of budgeting? a. It facilitates the coordination of activities. b. It provides definite objectives for evaluating performance. c. It provides assurance that the company will achieve its objectives. d. It requires all levels of management to plan ahead on a recurring basis. 20. Budgeting is usually most closely associated with which management function a. Planning b. Directing c. Motivating d. Controlling
Answers
18. Accounting generally has the responsibility for b. expressing the budget in financial terms.
19. This is not a benefit of budgeting: c. It provides assurance that the company will achieve its objectives.
20. Budgeting is usually most closely associated with the management function of a. Planning.
What is budgeting?Budgeting is a management function involving planning for the availability and utilization of resources to meet organizational goals.
Budgeting activities include:
Communication within managementEstablishing objectives and targetsDeveloping a detailed budgetCompilation and revision of the budget modelBudget committee reviewBudget approvalBudget implementationBudget control and review against planned goals.Thus, budgeting is essential for success in corporate, personal, and organizational settings.
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The Midwest is known for corn production. Mosaic, a horizontal consolidation of Cargill and IMC Global, supplies farmers with fertilizer that has helped double their corn yield. Small towns from Topeka to Abilene feature processing plants and storage granaries, where the corn is processed and stored before being transported to food manufacturers.
A. Commodity processors provide products to food manufacturers.
B. Farmers provide crops to commodity processors.
C. Food manufacturers provide products to grocery stores and restaurants.
D. Input suppliers provide seeds and fertilizer to farmers.
Answers
Arbitration is the final step in the conflict-management process.
False
True
Answers
Answer:
True
Explanation:
Arbitration is a private judicial -like process of resolving conflicts. The two or more conflicting parties select an independent party to make a final and binding decision on the conflicting issue. In general, there is no room to appeal when a decision from an arbitration process.
In arbitration, the conflicting parties are given a chance to present their evidence before the arbitrator. The arbitrator or a panel of arbitrators are experts in law or in the subject causing the conflict. A decision is made after listening and evaluating the evidence produced.
I no study
I no care
I go marry a millionaire
If he d.i.e
I no c.r.y
I go marry another guy
Answers
This app is getting(c)(r)(a)(z)(y)
Answer:
Ummm okay bye
Explanation:
- Describe several major inces -rt 17. OBJECTIVE: Define balance sheet and describe the major items appearing under assets and liabilities. Discuss how airlines around the world finance aircraft Drive
Answers
One of the major instances of Route 17 would be the congestions that occur during peak hours. The large population in New Jersey and New York results in traffic snarls on Route 17.The other major instance of Route 17 is accidents and collisions that occur frequently, especially during winter.
Since the route is in a mountainous area, the roads tend to become slippery and dangerous. Moreover, it is also a very busy highway that experiences high traffic volumes, so it is highly susceptible to accidents. Route 17 also has several exits that lead to popular destinations. These exits are used by people who visit New Jersey or New York for tourism purposes, increasing the traffic volume on Route 17.As for financing aircraft, airlines worldwide use different methods to finance the purchase of aircraft. Leasing is one of the most commonly used methods.
There are two types of leasing methods, which are operational leasing and financial leasing. Operational leasing involves leasing an aircraft for a certain period, which is usually less than 10 years. At the end of the lease period, the airline can choose to return the aircraft or extend the lease period. Financial leasing, on the other hand, is a longer-term leasing method that can last for more than 10 years. In this method, the airline is required to pay a down payment for the aircraft, after which the lessor will finance the remaining amount. Airlines also finance aircraft through debt financing. Debt financing involves taking a loan to purchase the aircraft. The airline will be required to pay the loan back over a certain period with interest.
In conclusion, Route 17 faces major instances of congestions and accidents, while airlines worldwide finance aircraft using different methods, including leasing and debt financing.
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Assume that by continuing your education, you increased your yearly
earning potential from $21,484 to $39,746. If the additional education
costs $36,000, in about how many years will it pay for itself?
Answers
Answer:
2 years
Explanation:
The increase in yearly earnings is
= $39,746 - $21,484
=$18,262
Every year, extra earning is $18,262
the cost of education is $36,000
It will take =$36,000/$18,262 years to repay
=1.971 years
=2 years
Question: By continuing my education I increased my earning potential from $21,484 to $39,746 a year. That's a difference of $18262 a year.
Answer: 1 year