According to PIPEDA Every Organization Needs to Assign the Responsibility

question 97

Multiple Choice

According to PIPEDA every organization needs to assign the responsibility of__________to an individual in that organization.

• A)using personal information
• B)maintaining personal information
• C)disclosing personal information
• D)keeping personal information private
• E)collecting personal information

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Definitions:

Interest

The price paid for acquiring funds, often quoted as a yearly rate of the total amount borrowed.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

Interest Compounded

Interest compounded refers to the process where interest earned on an investment is reinvested to earn additional interest, leading to exponential growth in the investment's value.

Lump Sum

A one-time transaction occurring at a specific moment, rather than several installments spread out.