Which of the following is a true statement regarding The Gramm-Leach-Bliley Act?
a. The act gives financial institutions the right to share personal information for a profit.
b. The act expressly requires financial institutions to protect against identity theft.
c. The act allows financial institutions to share personal information, as long as it is not for a profit.
d. The act protects confidentiality of customer information.
a
FEEDBACK: a. Correct.
b. Incorrect.
c. Incorrect.
d. Incorrect.
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Which of the following is not a cost that is accumulated in Work in Process?
a. Direct materials b. Administrative expense c. Direct labor d. Factory overhead
As recent as 2015 the debate around diversity and inclusion definitions still continues. What did Farndale et al (2015) identify as currently still a challenge related to the study of diversity and inclusion?
a. The need for more distinction categories b. The need to include globally relevant dimensions in the definitions c. The need for less distinction categories d. The need to include more impact statements
______principles hold that human beings have certain fundamental rights and that a sense of duty to uphold these rights is the basis of ethical decision-making rather than a concern for consequences.
A. Consequences B. Deontological C. Cognitive morals D. Moral principle
Benjamin Stone opened Stone's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books:1. Benjamin, the sole stockholder, invested $26,000 cash in the business in exchange for common stock. 2. Benjamin contributed $101,000 of equipment to the business in exchange for common stock. 3. The company paid $2100 cash to rent office space for the month of March. 4. The company received $17,000 cash for repair services provided during March. 5. The company paid $6300 for salaries for the month of March. 6. The company provided $3100 of services to customers on account. 7. The company paid cash of $600 for utilities for the month of March. 8. The company received $3200 cash in advance from a customer for repair
services to be provided in April. 9. The company paid Benjamin $5100 cash as a dividend. Based on this information, total stockholder's equity reported on the balance sheet at the end of March would be: A. $8300. B. $136,200. C. $14,500. D. $133,000. E. $127,800.