In a 1998 FTC Report to Congress,how Many Websites Did

question 25

Multiple Choice

In a 1998 FTC report to Congress,how many websites did the government agency find collected personal consumer information?

• A) Less than 10 percent.
• B) Approximately 25 percent.
• C) Approximately 67 percent.
• D) Over 85 percent.

---

Definitions:

Accounting Purposes

The specific reasons or objectives for maintaining and processing financial records, including compliance, reporting, and decision-making needs.

Par Value

Par value is the nominal or face value of a bond, share of stock, or coupon as stated by the issuing party, often used in determining its redemption or constituent stock value.

Authorized Shares

Authorized shares are the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Reacquired

Refers to the process of a company buying back its own shares or assets which were previously sold or issued.