Among the Business Practices Recommended by the Federal Trade Commission

question 3

Multiple Choice

Among the business practices recommended by the Federal Trade Commission are:

• A)greater transparency in consumer data collection policies and practices.
• B)a standard privacy policy to be used by all business entities.
• C)survey consumers about their attitudes toward the company's privacy policies.

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Definitions:

Operating Activities

The business activities directly related to providing services and producing goods, including revenue and expense transactions.

Accrued Liabilities

Expenses that have been incurred but not yet paid, recognized on the balance sheet for accounting purposes.

Operating Activities

Activities directly related to the primary operations of a business, including production, sales, and delivery of services.

Net Cash Provided

The amount of cash generated by a company's operations after accounting for outflows and inflows.