The US Department of Commerce Developed a ________ Framework in Order

question 36

Multiple Choice

The U.S. Department of Commerce developed a ________ framework in order to enable U.S. businesses to legally use personal data from EU countries.

• A) COPPA
• B) P3P
• C) PGP
• D) safe-harbor

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Definitions:

Miller-Orr Model

A financial model used to manage cash flow and cash reserves, helping firms to decide on the optimal level of cash balances and when to transfer funds.

Disbursements

Money paid out by a business or organization for various purposes, including expenses, investments, and dividends.

Average Daily Receipts

The average amount of cash that a business receives on a daily basis, calculated over a specific period.