With Respect to International Transfers of Personal Data, the European

question 122

Multiple Choice

With respect to international transfers of personal data, the European Data Protection Board (EDPB) confirmed that derogations may be relied upon under what condition?

• A) If the data controller has received preapproval from a Data Protection Authority (DPA), after submitting the appropriate documents.
• B) When it has been determined that adequate protection can be performed.
• C) Only if the Data Protection Impact Assessment (DPIA) shows low risk.
• D) Only as a last resort and when interpreted restrictively.

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Definitions:

Cash Position

A company's total cash and liquid assets minus its liabilities.

Joint Venturer

is an entity that engages in a joint venture, sharing control, resources, and risks with other ventures.

One-Line Method

A method used in accounting to consolidate a parent company's investment in a subsidiary when only a minority interest is owned.

Joint Control

A situation in corporate governance where two or more parties agree to share control over a business activity, ensuring decisions are made unanimously.