Companies are legally required to disclose their privacy practices to customers on an annual basis.

Answer the following statement true (T) or false (F)


True

National and state governments in the United States play a big part in protecting privacy. Companies are legally required to disclose their privacy practices to customers on an annual basis.

Business

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For the year ending December 31, 2019, the partnership reported a net loss of $122,000. The journal entry to record the loss allocation will ________.

Lori and Mike enter into a partnership and decide to share profits and losses as follows: 1. The first allocation is a salary allowance with Lori receiving $12,000 and Mike receiving $25,000. 2. The second allocation is 20% of the partners' capital balances at year end. On December 31, 2019, the capital balances for Lori and Mike are $86,000 and $344,000, respectively. 3. Any remaining profit or loss is allocated equally. A) debit Lori, Capital for $93,300 B) debit Lori, Capital for $28,700 C) debit Mike, Capital for $93,800 D) credit Mike, Capital for $93,800

Business

Gwen Taylor borrows $50,000 from her bank on January 1 . She is to repay the loan in equal annual installments over 30 years. How much is her annual repayment if the bank charges 10 percent interest? Present value tables or a financial calculator are required

a. $1,667 b. $4,200 c. $2,865 d. $5,304

Business

The intent of the offeror to extend an offer to the offeree is generally determined by reference to

a. the beliefs of the offeror. b. the subjective intention of the offeror. c. the assumptions of the offeror. d. the words and conduct of the offeror.

Business

A key contributor factor to burnout is having limited control in the workplace, including not being able to decide how to accomplish a task

Indicate whether the statement is true or false.

Business