What Does the Massachusetts Personal Information Security Regulation Require as It

question 121

Multiple Choice

What does the Massachusetts Personal Information Security Regulation require as it relates to encryption of personal information?

• A) The encryption of all personal information of Massachusetts residents when all equipment is located in Massachusetts.
• B) The encryption of all personal information stored in Massachusetts-based companies when all equipment is located in Massachusetts.
• C) The encryption of personal information stored in Massachusetts-based companies when stored on portable devices.
• D) The encryption of all personal information of Massachusetts residents when stored on portable devices.

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Definitions:

Residual Dividend Policy

A strategy for setting dividend payments based on the firm's residual or leftover equity after funding all its investment projects.

Debt-Equity Ratio

A financial ratio that shows the relative amounts of shareholders' equity and debt financing used to fund a company's assets.

Capital Projects

Large-scale investments undertaken by a firm to maintain or expand its business operations.

Earnings Per Share

A portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.