The ______requires each financial institution to document a data security plan describing the company's preparation and plans for the ongoing protection of clients' personal data
a. Safeguards Rule b. Pretexting Rule
c. Financial Privacy Rule d. Discovery Rule
a
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The journal entry to close the capital account includes
a. debiting the expense accounts and crediting the income summary account; b. debiting the income summary account and crediting the expense accounts; c. debiting the expense accounts and crediting the capital account; d. debiting the revenue accounts and crediting the capital account; e. none of these.
Beatriz and James are married and own real property under a tenancy by the entirety. This means that ________.
A. they are tenants in common with the added requirement of marriage B. upon the death of either, the property passes automatically to the surviving spouse C. the tenancy cannot be severed even in case of a divorce D. either spouse can transfer property by will if the other is still living
In process costing, which of the following is recorded by debiting the Manufacturing Overhead account?
A) transfer of units from one process to the next B) direct labor costs incurred C) depreciation on factory machinery D) electricity used in the sales office
The factory personnel whose wages are traceable directly to a product include
A) maintenance personnel. B) support personnel. C) factory supervisors. D) employees who help to shape the product.