A Company Has a Data System with Definitions for "Private

question 216

Multiple Choice

A company has a data system with definitions for "Private" and "Public". The company's security policy outlines how data should be protected based on type. The company recently added the data type "Proprietary". Which of the following is the MOST likely reason the company added this data type?

• A) Reduced cost
• B) More searchable data
• C) Better data classification
• D) Expanded authority of the privacy officer

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Definitions:

Current Yield

The annual income (interest or dividends) divided by the current price of the security, typically used in reference to bonds.

Coupon Payment

A periodic interest payment to bondholders, typically paid semi-annually.

Priced

The process of determining the value of a financial instrument or asset, often based on market conditions and perceived value.

Par Value

Par value is the nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate. It is a static value, unlike market value which can fluctuate.