An Analyst Has Been Asked to Provide Feedback Regarding the Controls

question 117

Multiple Choice

An analyst has been asked to provide feedback regarding the controls required by a revised regulatory framework. At this time, the analyst only needs to focus on the technical controls. Which of the following should the analyst provide an assessment of?

• A) Tokenization of sensitive data
• B) Establishment of data classifications
• C) Reporting on data retention and purging activities
• D) Formal identification of data ownership
• E) Execution of NDAs

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Definitions:

External Cost

A cost of a transaction that affects someone who is not directly involved in the transaction.

Profit Maximizing

A strategy or point at which a firm decides the price and output level that leads to the maximum profit.

MSB Curve

The Marginal Social Benefit curve, showing the extra benefit to society of producing one more unit of a good.

MCA Curve

A graphical representation showing the relationship between the amount of pollution abated and the marginal cost of abatement.