Which of the Following Statements Correctly Describes the Practices Regarding

question 8

Multiple Choice

Which of the following statements correctly describes the practices regarding customer privacy in the U.S.?

• A) In the United States,Americans rely upon federal government to protect consumer privacy.
• B) Current legislation in the U.S.for consumer privacy forces strict protection of consumer privacy in retailing.
• C) The United States has more stringent consumer privacy laws than the European Union.
• D) In the U.S. ,the opt-out policy is applied when consumers' personal information is collected and used.
• E) In the U.S. ,personal information is generally viewed as being in the public domain,and retailers can use it in any way they desire.

---

Definitions:

Cost Assignments

The process of identifying, aggregating, and allocating costs to cost objects such as products, services, or departments.

Pricing Decisions

The process of setting the sale price of a product or service, considering costs, competition, and market demand.

Departmental Overhead Rate

The rate at which indirect production costs are allocated to specific departments within a manufacturing process.

Plantwide Overhead Rate

A single overhead absorption rate used throughout an entire manufacturing plant.