Which of the Following Statements Is True of the Children's

question 60

Multiple Choice

Which of the following statements is true of the Children's Online Privacy Protection Act?

• A) It prohibits the creation of websites intended to target children.
• B) It permits companies to collect information on children over the age of 10 without the need for consent of the parents.
• C) It prohibits market research agencies from soliciting children under the age of 13 without the consent of the federal government.
• D) It prohibits online advertisers from creating advertisements targeting children under the age of 10.
• E) It prohibits the online collection of information on children under the age of 13 without a parent's consent.

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Definitions:

Accounting Equation

The fundamental principle of accounting that states that assets equal liabilities plus owners' equity, serving as the foundation for double-entry bookkeeping.

Liability

Debts or financial duties a business is responsible for paying back to other entities, which require settling by transferring economic resources over a period.

Cash

Money in the form of coins or banknotes, including the balance of bank accounts.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period of time.