Examlex
Define the following as they relate to website privacy issues and data security: PII, encryption, SSL, and cookies.
Going-concern Assumption
An accounting principle that assumes a business will continue to operate indefinitely, rather than being liquidated.
Financial Statements
Standardized documents that provide an overview of a company's financial performance and position, including the balance sheet, income statement, and cash flow statement.
Operating
Pertains to the regular, ongoing activities of a business that are involved in the production or sale of goods and services.
GAAP
Generally Accepted Accounting Principles; a framework of accounting standards, rules and procedures defined by the professional accounting industry, used to compile financial statements.
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