Which of the Following Is Not a Key Component of the General

question 86

Multiple Choice

Which of the following is not a key component of the General Data Protection Regulation (GDPR) ?

• A)User consent must be given for processing of personal information.
• B)Collected data must be anonymized to protect privacy.
• C)Ease of use.
• D)Safe data transfer across borders.

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Definitions:

Journal

A detailed record of all the financial transactions of a business, which are initially documented before summarizing in the ledger.

Posting

The process of transferring journal entry amounts to ledger accounts in accounting.

Analyze Each Transaction

The process of closely examining financial transactions to ensure they are accurately recorded in the correct accounts.

Journal

A journal is a detailed account that records all the financial transactions of a business, to be used later for classifying and summarizing into financial statements.