Under the __________, federal agencies must safeguard the personal information of their employees.
A. Electronic Communications Privacy Act
B. Fair Credit Reporting Act
C. Privacy Act
D. Education Rights and Privacy Act
Answer: C
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Which of the following is an example of project risk?
A. The IT project may exceed budget. B. The financial benefits may not be delivered. C. The IT project is not aligned with the company's strategy. D. The technology will not work as expected.
________ is a state law that provides that an accountant's work papers cannot be used against a client in a court action
A) Work product immunity B) Accountant-client privilege C) Foreseeability standard D) Noerr Doctrine
Unlike the U.S. Uniform Commercial Code and some other domestic sales laws, the CISG rules on risk of loss are not concerned with breach of contract. Which of the following contracts is an exception to this?
A. a shipment contract B. an in-transit contract C. a destination contract D. a transshipment contract
The Retained earnings account has a credit balance of $39,000 before closing entries are made. Total revenues for the period are $57,200, total expenses are $40,800, and dividends are $9800. What is the correct closing entry for the revenue accounts?
A. Debit Income Summary $39,000; credit Retained earnings $39,000. B. Debit Revenue accounts $57,200; credit Retained earnings $39,000. C. Debit Revenue accounts $57,200; credit Income Summary $57,200. D. Debit Income Summary $57,200; credit Revenue accounts $57,200. E. Debit Revenue accounts $39,000; credit Retained earnings $39,000.