The Data Accountability and Trust Act of 2009 (DATA) Requires

question 9

Short Answer

The Data Accountability and Trust Act of 2009 (DATA) requires data owners to notify which of the following when a data breach has been discovered?
A. The Federal Bureau of Investigation (FBI).
B. The Securities and Exchange Commission (SEC).
C. The Federal Trade Commission (FTC).
D. The National Security Agency (NSA).

Understand and calculate total manufacturing costs incurred.

Apply cost principles to specific manufacturing and service sector scenarios.

Identify and classify different types of costs in a manufacturing environment.

Differentiate between product costs and period costs.

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Definitions:

Operating Activities

The core activities of a business that relate to providing goods and/or services, generating revenue, and incurring expenses.

Goods and Services

Goods and services encompass all the physical products (goods) and activities (services) that can be offered in an economy for purchase.

Financial Situation

An individual's or organization's current status in terms of finances, including income, expenses, debts, and assets, determining financial health and stability.

Income Statement

Financial record of a company’s revenues, expenses, and profits over a period of time.