What Impact Has PIPEDA (Personal Information Protection and Electronic Documents

question 44

Multiple Choice

What impact has PIPEDA (Personal Information Protection and Electronic Documents Act) had on HR departments?

• A) HR departments must obtain an employee's consent before personal information is disclosed.
• B) HR departments are only permitted to keep select data on an employee.
• C) HR departments are permitted to share personal employee data, provided it is done across secure internet lines.
• D) HR departments can share personal employee data, provided it's not located in an electronic document.

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Definitions:

Conversion Ratios

A specific figure or ratio that determines how convertible securities, like convertible bonds, can be exchanged for other types of securities, typically the common stock of a company.

Maturities

The dates on which financial obligations or instruments are due to be paid back or expire.

Modified Duration

A measure that quantifies the sensitivity of the price of a bond or other debt instrument to changes in interest rates, indicating the percentage change in price for a parallel shift in yield curves.

Corporate Bond

A type of debt security issued by corporations to raise capital, promising to pay back the face value plus interest.