It Is Illegal for a Website to Share Information with Other

question 20

True/False

It is illegal for a website to share information with other companies about what search terms you have used.

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Definitions:

Contra Asset

An account on a company's balance sheet that reduces the total amount of the asset accounts, often used to account for depreciation or allowances for bad debts.

Uncollectible Receivables

Financial claims that are recognised as losses because they cannot be collected, typically due to debtor default.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of a company's accounts receivable that may not be collected.

Receivable

An amount due to be received by a company for goods or services provided on credit; an asset on the balance sheet.