The first steps in protecting the privacy of personal information is to identify

A) what sensitive information is possessed by the organization.
B) where sensitive information is stored.
C) who has access to sensitive information.
D) All of the above are first steps in protecting privacy.

Answer: D

Business

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Lynn elects to surrender her whole life policy for a reduced paid-up policy. The cash value of her new policy will

A) decrease gradually B) continue to increase C) reduce immediately to $0 D) remain the same as in the old policy"

Business

Withdrawals and expenses are reported on the income statement

Indicate whether the statement is true or false.

Business