Companies Are Not Permitted to Collect Personal Information from Children

question 38

Multiple Choice

Companies are not permitted to collect personal information from children under the age of ________ without parental consent.

• A) 8
• B) 10
• C) 13
• D) 16

---

Definitions:

Classified Balance Sheet

A balance sheet that organizes assets and liabilities into subcategories like current and long-term.

Unclassified Balance Sheet

A balance sheet that presents assets and liabilities without categorizing them into long-term or short-term classifications.

Current Ratio

A company's short-term financial health, specifically its ability to settle obligations due within a year, is gauged by this ratio, which is the quotient of current assets and current liabilities.

Broad Categories

General classifications or groups into which items or concepts can be divided based on common characteristics.