Chapter 12/15 BMAN

It is ethical for online retailers to sell customer’s personal information without their knowledge.

• True

• False

Firewalls are used to screen people who enter or exit a network.

• True

• False

When prospective customers complete an online request for information from a company, it is illegal for the company to use that information for future promotion.

• True

• False

Internet addresses for businesses often use the following format: www.businessname.com.

• True

• False

The process of using data in databases to find relationships between individuals and their behavior or preferences is called social networking.

• True

• False

The terms Internet and World Wide Web are interchangeable.

• True

• False

Any business can determine if they have made a profit by using an income statement.

• True

• False

An accounts payable record shows money owed and payments made by a business.

• True

• False

Stores that use budgets for their financial operations are usually more successful than stores that do not use budgets.

• True

• False

A company can be highly profitable yet not have enough cash on hand at the right times to pay its bills.

• True

• False