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:

Net Wealth

The total value of all financial and non-financial assets owned by an individual or entity minus any liabilities.

Future Prices

The expected price of a commodity, security, or currency set in a futures contract for delivery and payment at a specified future date.

Consumption Function

An economic formula representing the relationship between total consumption and gross national income, suggesting that people will spend more as their income increases.

Price Level

A metric that represents the median of present prices for all types of goods and services in the economy.