The AICPA's Trust Services Principles Practice That States That All

question 85

Multiple Choice

The AICPA's Trust Services Principles practice that states that all customer data collected remains "accurate, complete, current, relevant, and reliable" is under the title of:

• A)Choice and consent.
• B)Quality.
• C)Monitoring and enforcement.
• D)Use and retention.

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Definitions:

High Performance

Exceptionally strong execution or achievement, whether by an individual, team, or organization, typically surpassing standard expectations.

Multiple Opinions

The presence of diverse views or perspectives on a particular issue or topic.

Insurable Interest

A stake in the wellbeing or value of an entity or property sufficient to permit an insurance policy to be issued on its behalf.

Potential Damage

Refers to the possible harm or losses that may occur as a result of an action or event.