The Trust Services Framework Reliability Principle That States Personal Information

question 26

Multiple Choice

The Trust Services Framework reliability principle that states personal information should be protected from unauthorized disclosure is known as

• A)availability.
• B)security.
• C)privacy.
• D)integrity.

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Definitions:

Comparative Advantage

The talent of a country or business to create a certain product or service more efficiently, incurring lower opportunity costs than competing entities.

Absolute Advantage

A condition where an entity can produce a good at a lower cost in terms of labor, resources, and time than another entity producing the same good.

Opportunity Cost

Forgoing possible gains from alternative choices when one path is taken.

Opportunity Cost

The expense incurred by not selecting the next most favorable choice while making a decision.