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Best CIPM Practice Exams and Real Exam Simulations, Certificate in Investment Performance Measurement | SPOTO

Launch your CIPM certification journey with confidence thanks to SPOTO's exceptional practice tests and exam simulations. Our platform is packed with a variety of exam prep resources, including practice tests mirroring the real exam format, free sample questions for targeted practice, and comprehensive mock exams replicating the testing experience. These resources provide invaluable exposure to online exam questions, question types, and time management strategies. Unlike unreliable exam dumps, SPOTO offers high-quality exam questions and answers that are constantly updated to reflect the latest industry standards and best practices. By incorporating SPOTO's practice tests into your study plan, you'll gain the knowledge and exam confidence needed to excel on your CIPM exam and validate your expertise in privacy program management.
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Question #1
SCENARIO Please use the following to answer the next QUESTION: Henry Home Furnishings has built high-end furniture for nearly forty years. However, the new owner, Anton, has found some degree of disorganization after touring the company headquarters. His uncle Henry had always focused on production – not data processing – and Anton is concerned. In several storage rooms, he has found paper files, disks, and old computers that appear to contain the personal data of current and former employees and customers.
A. His initiative to achieve regulatory compliance
B. His intention to transition to electronic storage
C. His objective for zero loss of personal information
D. His intention to send notice letters to customers and employees
View answer
Correct Answer: A

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Question #2
What should be the first major goal of a company developing a new privacy program?
A. To survey potential funding sources for privacy team resources
B. To schedule conversations with executives of affected departments
C. To identify potential third-party processors of the organization's information
D. To create Data Lifecycle Management policies and procedures to limit data collection
View answer
Correct Answer: B
Question #3
What have experts identified as an important trend in privacy program development?
A. The narrowing of regulatory definitions of personal information
B. The rollback of ambitious programs due to budgetary restraints
C. The movement beyond crisis management to proactive prevention
D. The stabilization of programs as the pace of new legal mandates slows
View answer
Correct Answer: C
Question #4
SCENARIO Please use the following to answer the next QUESTION: John is the new privacy officer at the prestigious international law firm – A&M LLP. A&M LLP is very proud of its reputation in the practice areas of Trusts & Estates and Merger & Acquisition in both U.S. and Europe. During lunch with a colleague from the Information Technology department, John heard that the Head of IT, Derrick, is about to outsource the firm's email continuity service to their existing email security vendor – MessageSafe. Bein
A. MessageSafe must apply due diligence before trusting Cloud In
B. with the personal data received from A&M LLP
C. MessageSafe must flow-down its data protection contract terms with A&M LLP to Cloud Inc
D. MessageSafe must apply appropriate security controls on the cloud infrastructure
E. MessageSafe must notify A&M LLP of a data breach
View answer
Correct Answer: B
Question #5
SCENARIO Please use the following to answer the next QUESTION: Paul Daniels, with years of experience as a CEO, is worried about his son Carlton's successful venture, Gadgo. A technological innovator in the communication industry that quickly became profitable, Gadgo has moved beyond its startup phase. While it has retained its vibrant energy, Paul fears that under Carlton's direction, the company may not be taking its risks or obligations as seriously as it needs to. Paul has hired you, a Privacy Consultan
A. Ad hoc
B. Defined
C. Repeatable
D. Managed
View answer
Correct Answer: C
Question #6
SCENARIO Please use the following to answer the next QUESTION: As the Director of data protection for Consolidated Records Corporation, you are justifiably pleased with your accomplishments so far. Your hiring was precipitated by warnings from regulatory agencies following a series of relatively minor data breaches that could easily have been worse. However, you have not had a reportable incident for the three years that you have been with the company. In fact, you consider your program a model that others
A. Data Lifecycle Management Standards
B. United Nations Privacy Agency Standards
C. International Organization for Standardization 9000 Series
D. International Organization for Standardization 27000 Series
View answer
Correct Answer: C
Question #7
An organization is establishing a mission statement for its privacy program. Which of the following statements would be the best to use?
A. This privacy program encourages cross-organizational collaboration which will stop all data breaches
B. Our organization was founded in 2054 to reduce the chance of a future disaster like the one that occurred ten years ag
C. All individuals from our area of the country should be concerned about a future disaste
D. However, with our privacy program, they should not be concerned about the misuse of their information
E. The goal of the privacy program is to protect the privacy of all individuals who support our organizatio
F. To meet this goal, we must work to comply with all applicable privacy laws
View answer
Correct Answer: C
Question #8
In which situation would a Privacy Impact Assessment (PIA) be the least likely to be required?
A. If a company created a credit-scoring platform five years ago
B. If a health-care professional or lawyer processed personal data from a patient's file
C. If a social media company created a new product compiling personal data to generate user profiles
D. If an after-school club processed children's data to determine which children might have food allergies
View answer
Correct Answer: C
Question #9
All of the following changes will likely trigger a data inventory update EXCEPT?
A. Outsourcing the Customer Relationship Management (CRM) function
B. Acquisition of a new subsidiary
C. Onboarding of a new vendor
D. Passage of a new privacy regulation
View answer
Correct Answer: B
Question #10
SCENARIO Please use the following to answer the next QUESTION: Amira is thrilled about the sudden expansion of NatGen. As the joint Chief Executive Officer (CEO) with her long-time business partner Sadie, Amira has watched the company grow into a major competitor in the green energy market. The current line of products includes wind turbines, solar energy panels, and equipment for geothermal systems. A talented team of developers means that NatGen's line of products will only continue to grow. With the expa
A. Prove the authenticity of the company's records
B. Arrange for official credentials for staff members
C. Adequately document reasons for inconsistencies
D. Create categories to reflect degrees of data importance
View answer
Correct Answer: B
Question #11
SCENARIO Please use the following to answer the next QUESTION: Natalia, CFO of the Nationwide Grill restaurant chain, had never seen her fellow executives so anxious. Last week, a data processing firm used by the company reported that its system may have been hacked, and customer data such as names, addresses, and birthdays may have been compromised. Although the attempt was proven unsuccessful, the scare has prompted several Nationwide Grill executives to Question the company's privacy program at today's m
A. By requiring training only on an as-needed basis
B. By offering alternative delivery methods for trainings
C. By introducing a system of periodic refresher trainings
D. By customizing training based on length of employee tenure
View answer
Correct Answer: B

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