Match the Trust Services Principle with Its Proper Definition

question 71

Multiple Choice

Match the Trust Services Principle with its proper definition.
-Availability

• A)Personal information is collected, used, retained, and disclosed and disposed to meet the entity's objectives.
• B)Information and systems are protected against unauthorized access, unauthorized disclosure of information, and damage to systems that could compromise the availability, integrity, confidentiality, and privacy of information or systems and affect the entity's ability to meet its objectives.
• C)System processing is complete, valid, accurate, timely, and authorized to meet the entity's objectives.
• D)Information designated as private is protected to meet the entity's objectives.
• E)Information and systems are available for operation and use to meet the entity's objectives.

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Definitions:

Red Herring

A preliminary prospectus distributed to prospective investors in a new issue of securities.

Preliminary Prospectus

An initial document provided by a securities issuer that details the investment offering for potential investors but is not yet approved by the relevant authority.

Seasoned Equity Offering (SEO)

A sale of equity shares by a company that has already gone public through an additional public offering.

Green Shoe Option

A clause contained within the underwriting agreement of an IPO that allows underwriters to purchase up to an additional 15% of shares at the offering price.