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CIPM Certification Exam Questions & Answers, 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: Manasa is a product manager at Omnipresent Omnimedia, where she is responsible for leading the development of the company's flagship product, the Handy Helper. The Handy Helper is an application that can be used in the home to manage family calendars, do online shopping, and schedule doctor appointments. After having had a successful launch in the United States, the Handy Helper is about to be made available for purchase worldwide. The packaging
A. Sanjay should advise the distributor that Omnipresent Omnimedia has certified to the Privacy Shield Framework and there should be no issues
B. Sanjay should work with Manasa to review and remediate the Handy Helper as a gating item before it is released
C. Sanjay should document the data life cycle of the data collected by the Handy Helper
D. Sanjay should write a privacy policy to include with the Handy Helper user guide
View answer
Correct Answer: C

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Question #2
SCENARIO Please use the following to answer the next QUESTION: Richard McAdams recently graduated law school and decided to return to the small town of Lexington, Virginia to help run his aging grandfather's law practice. The elder McAdams desired a limited, lighter role in the practice, with the hope that his grandson would eventually take over when he fully retires. In addition to hiring Richard, Mr. McAdams employs two paralegals, an administrative assistant, and a part-time IT specialist who handles all
A. Prioritizing the data by order of importance
B. Minimizing the time it takes to retrieve the sensitive data
C. Reducing the volume and the type of data that is stored in its system
D. Increasing the number of experienced staff to code and categorize the incoming data
View answer
Correct Answer: B
Question #3
In privacy protection, what is a "covered entity"?
A. Personal data collected by a privacy organization
B. An organization subject to the privacy provisions of HIPAA
C. A privacy office or team fully responsible for protecting personal information
D. Hidden gaps in privacy protection that may go unnoticed without expert analysis
View answer
Correct Answer: D
Question #4
SCENARIO Please use the following to answer the next QUESTION: As they company’s new chief executive officer, Thomas Goddard wants to be known as a leader in data protection. Goddard recently served as the chief financial officer of Hoopy.com, a pioneer in online video viewing with millions of users around the world. Unfortunately, Hoopy is infamous within privacy protection circles for its ethically Questionable practices, including unauthorized sales of personal data to marketers. Hoopy also was the targe
A. Compliance ratio
B. Cost-effective mean
C. Return on investment
D. Implementation measure
View answer
Correct Answer: D
Question #5
SCENARIO Please use the following to answer the next QUESTION: It's just what you were afraid of. Without consulting you, the information technology director at your organization launched a new initiative to encourage employees to use personal devices for conducting business. The initiative made purchasing a new, high-specification laptop computer an attractive option, with discounted laptops paid for as a payroll deduction spread over a year of paychecks. The organization is also paying the sales taxes. It
A. Interview the person reporting the incident following a standard protocol
B. Call the police to investigate even if you are unsure a crime occurred
C. Investigate the background of the person reporting the incident
D. Check company records of the latest backups to see what data may be recoverable
View answer
Correct Answer: A
Question #6
Which of the following best demonstrates the effectiveness of a firm’s privacy incident response process?
A. The decrease of security breaches
B. The decrease of notifiable breaches
C. The increase of privacy incidents reported by users
D. The decrease of mean time to resolve privacy incidents
View answer
Correct Answer: A
Question #7
If an organization maintains a separate ethics office, to whom would its officer typically report to in order to retain the greatest degree of independence?
A. The Board of Directors
B. The Chief Financial Officer
C. The Human Resources Director
D. The organization's General Counsel
View answer
Correct Answer: C
Question #8
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. Cloud In
B. must notify A&M LLP of a data breach immediately
C. MessageSafe is liable if Cloud In
D. fails to protect data from A&M LLP
E. Cloud In
F. should enter into a data processor agreement with A&M LLP
View answer
Correct Answer: A
Question #9
Which of the following is NOT typically a function of a Privacy Officer?
A. Managing an organization's information security infrastructure
B. Serving as an interdepartmental liaison for privacy concerns
C. Monitoring an organization's compliance with privacy laws
D. Responding to information access requests from the public
View answer
Correct Answer: B
Question #10
SCENARIO Please use the following to answer the next QUESTION: For 15 years, Albert has worked at Treasure Box – a mail order company in the United States (U.S.) that used to sell decorative candles around the world, but has recently decided to limit its shipments to customers in the 48 contiguous states. Despite his years of experience, Albert is often overlooked for managerial positions. His frustration about not being promoted, coupled with his recent interest in issues of privacy protection, have motiva
A. Gramm-Leach-Bliley Act (GLBA)
B. The General Data Protection Regulation (GDPR)
C. The Telephone Consumer Protection Act (TCPA)
D. Health Insurance Portability and Accountability Act (HIPAA)
View answer
Correct Answer: B
Question #11
SCENARIO Please use the following to answer the next QUESTION: For 15 years, Albert has worked at Treasure Box – a mail order company in the United States (U.S.) that used to sell decorative candles around the world, but has recently decided to limit its shipments to customers in the 48 contiguous states. Despite his years of experience, Albert is often overlooked for managerial positions. His frustration about not being promoted, coupled with his recent interest in issues of privacy protection, have motiva
A. Access
B. Correction
C. Escalation
D. Data Integrity
View answer
Correct Answer: C
Question #12
Under the General Data Protection Regulation (GDPR), when would a data subject have the right to require the erasure of his or her data without undue delay?
A. When the data subject is a public authority
B. When the erasure is in the public interest
C. When the processing is carried out by automated means
D. When the data is no longer necessary for its original purpose
View answer
Correct Answer: D
Question #13
What should a privacy professional keep in mind when selecting which metrics to collect?
A. Metrics should be reported to the public
B. The number of metrics should be limited at first
C. Metrics should reveal strategies for increasing company earnings
D. A variety of metrics should be collected before determining their specific functions
View answer
Correct Answer: A

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