Compliance Is

question 3

Multiple Choice

Compliance is

• A) Procedures that tell units when it would be nice if things were operated a certain way, but it is not a requirement to do so
• B) Guidelines to users and customers on what is appropriate and what is not appropriate to do with information technology resources
• C) Following specifications put forth by policies or legal requirements
• D) A defined set of rules, accepted and adopted by several organizations

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Definitions:

Single Premium Annuity

A financial product where a lump sum payment is made initially in exchange for a series of payments that will be received at future dates.

Expected Rate

Anticipated return or yield on an investment or financial instrument, often based on historical data or statistical analysis.

Fidelity Mutual

An investment firm known for offering mutual funds and other financial products and services to its clients.

Four-Year Annuity

A financial product that provides a series of equal payments over a period of four years to the holder.