Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Useful Information

Financial Accounting

1. Introduction to Accounting

Useful Information

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Multiple Choice

Managers must protect the online ___ of employees and organization stakeholders.

revenue

liabilities

inventory

privacy

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Verified step by step guidance

Step 1: Begin by understanding the context of the question. It is asking about the responsibility of managers in protecting something related to employees and organization stakeholders.

Step 2: Analyze the options provided: 'revenue,' 'liabilities,' 'inventory,' and 'privacy.' Consider which of these terms aligns with the concept of safeguarding sensitive information.

Step 3: Recall that 'privacy' refers to the protection of personal and sensitive information, which is crucial in an online environment for both employees and stakeholders.

Step 4: Eliminate the other options: 'revenue' pertains to income generation, 'liabilities' are obligations or debts, and 'inventory' refers to goods or materials held by the organization. None of these relate to protecting sensitive information.

Step 5: Conclude that the correct answer is 'privacy,' as it directly addresses the need to safeguard online information for employees and stakeholders.