The Privacy Act of 1974 Specifically States That the Employees

question 4

Multiple Choice

The Privacy Act of 1974 specifically states that the employees have the right to do all but which of the following?

• A) Review the information that is being kept on them by their employers.
• B) Correct erroneous information that is being kept on them by their employers.
• C) Delete unnecessary information that is being kept on them by their employers.
• D) Prevent the information from being used for a purpose other than that for which it was collected.

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Definitions:

Retained Earnings

Earnings accumulated by a company thus far, minus any shareholder dividends or distributions already issued.

Share Price

The current price at which a single share of a company can be bought or sold in the market.

Market Risk

The possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets.

Stock Split

A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of one's holdings remains the same.