Sherry,a 12-Year-Old,visited a Website That Wanted to Know Her Family

question 16

Multiple Choice

Sherry,a 12-year-old,visited a website that wanted to know her family size,her parents' educational level,and her weekly allowance.The site also asked Sherry's name,mailing and email addresses,and age.

• A)Under COPPA,the website must disclose how it will use the information it acquires from Sherry.
• B)COPPA prohibits the internet operator from collecting such information under any circumstances.
• C)COPPA does not apply to Sherry's situation since she is over the age limit for those protected by the statute.
• D)Under COPPA,the website may only collect information about Sherry's name and email address.

Understand the cash budgeting process, including the calculation of necessary financing.

Grasp the concept and application of zero-based budgeting.

Analyze and prepare production budgets based on sales forecasts and inventory requirements.

Calculate cash collections and understand the impact of credit sales on cash flow.

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Definitions:

Special Meetings

Meetings called for a specific purpose, outside of the regular schedule of meetings, often requiring a special notice for attendance.

Per Share Value

The monetary value assigned to each individual share of stock in a company.

Minority Shareholder

An investor who owns less than 50% of a company's shares and therefore has less influence on corporate decisions compared to majority shareholders.

Majority Shareholder

A Majority Shareholder is an individual or entity that owns more than 50% of a company's shares, thereby having significant influence or control over company decisions.