The Gramm-Leach-Bliley Act Requires Web Site Operators to Post a Privacy

question 114

True/False

The Gramm-Leach-Bliley Act requires Web site operators to post a privacy policy on the home page and a link to the policy on every page where personal information is collected.

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Definitions:

Product Costs

The total costs associated with manufacturing a product, including direct labor, direct materials, and manufacturing overhead.

Opportunity Costs

The advantages forgone by selecting one option instead of another.

Fixed Cost

Costs that do not vary with the level of production or sales, such as rent or salaries.

Indirect Costs

Costs that are not directly traceable to a specific product or activity, such as overhead and administrative expenses.