Which of the Following Statements About Social, Local, and Mobile

question 30

Multiple Choice

Which of the following statements about social, local, and mobile privacy is not true?

• A)A single Facebook photograph can be used to identify the subject's social security number with the use of facial recognition software.
• B)iOS and Android apps funnel personal location information, photos, and address books to mobile advertisers.
• C)Google and Apple track and record how users interact with the apps on users' smartphones.
• D)To date, there is no legal prohibition of the collection and sharing of personal data sent through mobile phones.

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Definitions:

Allowance for Doubtful Accounts

A contra-asset account that represents an estimate of accounts receivable that may not be collected.

Percentage of Sales Basis

A method used to forecast future financial outcomes by assuming that certain expenses, net income, and balance sheet items change in direct proportion to changes in sales.

Uncollectibles

Debts from customers that are considered impossible to collect and are therefore written off as a loss.

Expense with Revenues

Represents the relationship between the costs incurred and the revenues generated in a specific period.