The Confidentiality of Information Is Breached When Unauthorized Individuals or Systems

question 126

True/False

The confidentiality of information is breached when unauthorized individuals or systems are able to access the information.

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Definitions:

Income Distributions

Payments made to investors from the earnings derived from the investments within a fund, such as dividends or interest payments.

Rate of Return

The earnings or losses experienced with an investment over a specific duration, depicted as a percentage of the investment's original expense.

Net Asset Value

The total value of all the securities held by a mutual fund or ETF, minus any liabilities, divided by the number of shares outstanding.