The GDPR Created a ________ Framework in Order to Enable

question 55

Multiple Choice

The GDPR created a ________ framework in order to enable U.S.businesses to legally use personal data from EU countries.

• A)COPPA
• B)P3P
• C)PGP
• D)FIP
• E)safe harbor

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Definitions:

Balance Sheet

An account that outlines the assets, liabilities, and equity of shareholders of a company on a particular date.

Job Order Cost Accounting Systems

An accounting system that accumulates costs individually for each job. It is used when products are made based on specific orders.

Company's Efficiency

A measure of how effectively a company uses its resources to produce outputs, often assessed through ratios such as revenue per employee or output per hour.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that go into producing them.