The Online Privacy Alliance

question 6

Multiple Choice

The Online Privacy Alliance:

• A)encourages self-regulation to develop a set of privacy guidelines for its members.
• B)protects user privacy during interactions with websites.
• C)has established technical guidelines for ensuring privacy.
• D)is a government agency regulating the use of customer information.
• E)is a safe harbor program established by the U.S.government.

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Definitions:

Inventory

A company's stock of the products available for sale to customers, as well as raw materials and work-in-progress that will eventually become finished goods.

Accounts Receivable

Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.

Liquidity Crisis

A situation where an entity lacks the liquidity necessary to meet its short-term obligations, potentially leading to insolvency.