Cipm exam questions - Study guides, Class notes & Summaries

CIPM Exam Questions and Answers 2024/2025 | A+ GRADED 100% VERIFIED What is simplest way to decompose active return piece of a portfolio return? 1.)Allocation Effect: holding diff amounts of same securities as bench (over or under weighting compared to bench) (thereby Q held is the sources of difference) 2.) Security Selection Effect: holding diff securities than benchmark (thereby returns are the sources of difference) Decompose an actively managed mutual fund return P =M + A + S A: Act...

Privacy vision and mission - Answer- Statement of an org concisely communicates stance on privacy to all stakeholders 3 things to create a company vision - Answer- 1. Get knowledge on privacy approaches 2. Evaluate intended objective 3. Get sponsor approval Elements within a privacy vision - Answer- 1. Value of privacy to the org 2. Org objectives 3. Strategies to achieve intended outcomes 4. Roles/responsibilities Considerations when developing privacy strategy (3) - Answer- 1. Bu...

Privacy vision and mission -️️ Statement of an org concisely communicates stance on privacy to all stakeholders 3 things to create a company vision -️️1. Get knowledge on privacy approaches 2. Evaluate intended objective 3. Get sponsor approval Elements within a privacy vision -️️1. Value of privacy to the org 2. Org objectives 3. Strategies to achieve intended outcomes 4. Roles/responsibilities Considerations when developing privacy strategy (3) -️️1. Business alignment...

CIPM Exam Questions and Answers Already Passed General Goals of a PPM (Privacy Program Manager) 1. Identify privacy obligations 2. Identify risks to business, customer, employees 3. Identify existing privacy procedures 4. Create, revise, implement procedures General Goals of a Privacy Program Promote trust, improve reputation, foster awareness, respond effectively while continuing to monitor, maintain, and improve Define Accountability in the Context of a Privacy Program Ability to not only de...

General Goals of a PPM (Privacy Program Manager) -1. Identify privacy obligations 2. Identify risks to business, customer, employees 3. Identify existing privacy procedures 4. Create, revise, implement procedures General Goals of a Privacy Program - Promote trust, improve reputation, foster awareness, respond effectively while continuing to monitor, maintain, and improve Define Accountability in the Context of a Privacy Program - Ability to not only demonstrate the ability to comply, but ...

CIPM Exam questions with correct answers

Accountability Correct Answer The implementation of appropriate technical and organizational measures to ensure and be able to demonstrate that the handling of personal data is performed in accordance with relevant law, an idea codified in the EU General Data Protection Regulation and other frameworks, including APEC's Cross Border Privacy Rules. Traditionally, accountability has been a fair information practices principle, that due diligence and reasonable steps will be undertaken to ensure th...

What is simplest way to decompose active return piece of a portfolio return? - Answer- 1.)Allocation Effect: holding diff amounts of same securities as bench (over or under weighting compared to bench) (thereby Q held is the sources of difference) 2.) Security Selection Effect: holding diff securities than benchmark (thereby returns are the sources of difference) Decompose an actively managed mutual fund return - Answer- P =M + A + S A: Active return = P- Benchmark (holding diff. weightsof ...

Privacy vision and mission - Statement of an org concisely communicates stance on privacy to all stakeholders 3 things to create a company vision - 1. Get knowledge on privacy approaches 2. Evaluate intended objective 3. Get sponsor approval Elements within a privacy vision - 1. Value of privacy to the org 2. Org objectives 3. Strategies to achieve intended outcomes 4. Roles/responsibilities Considerations when developing privacy strategy (3) - 1. Business alignment 2. Develop a data g...

Proactive privacy management is accomplished through three tasks Correct Answer 1) Define your organization's privacy vision and privacy mission statements 2) Develop privacy strategy 3) Structure your privacy team This is needed to structure responsibilities with business goals Correct Answer Strategic Management Identifies alignment to organizational vision and defines the privacy leaders for an organization, along with the resources necessary to execute the vision. Correct Answer Strat...