What Privacy Concept Grants a Consumer the Right to View

question 61

Multiple Choice

What privacy concept grants a consumer the right to view and correct errors on his or her credit report?

• A) Access.
• B) Notice.
• C) Action.
• D) Choice.

Identify and correct errors in tax deduction calculations.

Estimate the impact of tax-deferred savings and flexible spending accounts on tax savings.

Calculate Tax Freedom Day to understand the proportion of income paid towards taxes.

Evaluate the effect of tax-deferred retirement contributions and flexible spending accounts on federal taxes.

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Definitions:

Avenues of Communication

The various methods or channels through which information is transmitted or exchanged between individuals or groups.

Poverty Line

A financial threshold below which an individual or family is considered to be living in poverty, based on income.

Yearly Cash Income

The total amount of money received annually from various sources before taxes and other deductions.

Single-Parent Families

Family units consisting of one parent and his or her children, which may result from divorce, separation, death of a spouse, or unmarried parenthood.