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Prepare Efficiently CIPM Exam Questions, Certificate in Investment Performance Measurement | SPOTO

Sharpen your skills and achieve CIPM exam success efficiently with SPOTO's practice tests. Our platform offers a variety of resources designed to optimize your learning, including focused practice tests mirroring the exam format, free sample questions for specific topics, and comprehensive mock exams replicating the testing experience. These resources provide invaluable exposure to online exam questions, question styles, and time management techniques. Unlike unreliable exam dumps, SPOTO offers high-quality exam questions and answers that are continuously updated to reflect the latest privacy regulations and best practices. By integrating SPOTO's practice tests into your study plan, you'll gain the focused preparation needed to excel on your CIPM exam and validate your expertise in privacy program management.
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Question #1
An organization’s privacy officer was just notified by the benefits manager that she accidentally sent out the retirement enrollment report of all employees to a wrong vendor. Which of the following actions should the privacy officer take FIRST?
A. Perform a risk of harm analysis
B. Report the incident to law enforcement
C. Contact the recipient to delete the email
D. Send firm-wide email notification to employees
View answer
Correct Answer: D

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Question #2
What are you doing if you succumb to “overgeneralization” when analyzing data from metrics?
A. Using data that is too broad to capture specific meanings
B. Possessing too many types of data to perform a valid analysis
C. Using limited data in an attempt to support broad conclusions
D. Trying to use several measurements to gauge one aspect of a program
View answer
Correct Answer: D
Question #3
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: A
Question #4
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. Cost basis
B. Gap analysis
C. Return on investment
D. Breach impact modeling
View answer
Correct Answer: C
Question #5
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. Auditing
B. Monitoring
C. Assessment
D. Forensics
View answer
Correct Answer: B
Question #6
What is one obligation that the General Data Protection Regulation (GDPR) imposes on data processors?
A. To honor all data access requests from data subjects
B. To inform data subjects about the identity and contact details of the controller
C. To implement appropriate technical and organizational measures that ensure an appropriate level of security
D. To carry out data protection impact assessments in cases where processing is likely to result in high risk to the rights and freedoms of individuals
View answer
Correct Answer: D
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 ago
C. The goal of the privacy program is to protect the privacy of all individuals who support our organization
D. In the next 20 years, our privacy program should be able to eliminate 80% of our current breaches
View answer
Correct Answer: C
Question #8
Which of the following best describes proper compliance for an international organization using Binding Corporate Rules (BCRs) as a controller or processor?
A. Employees must sign an ad hoc contractual agreement each time personal data is exported
B. All employees are subject to the rules in their entirety, regardless of where the work is taking place
C. All employees must follow the privacy regulations of the jurisdictions where the current scope of their work is established
D. Employees who control personal data must complete a rigorous certification procedure, as they are exempt from legal enforcement
View answer
Correct Answer: D
Question #9
SCENARIO Please use the following to answer the next question: Martin Briseño is the director of human resources at the Canyon City location of the U.S. hotel chain Pacific Suites. In 1998, Briseño decided to change the hotel’s on-the-job mentoring model to a standardized training program for employees who were progressing from line positions into supervisory positions. He developed a curriculum comprising a series of lessons, scenarios, and assessments, which was delivered in-person to small groups. Intere
A. Information would have been ranked according to importance and stored in separate locations
B. The most sensitive information would have been immediately erased and destroyed
C. The most important information would have been regularly assessed and tested for securityD
View answer
Correct Answer: A
Question #10
An organization’s business continuity plan or disaster recovery plan does NOT typically include what?
A. Recovery time objectives
B. Emergency Response Guidelines
C. Statement of organizational responsibilities
D. Retention schedule for storage and destruction of information
View answer
Correct Answer: B
Question #11
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. Assess
B. Protect
C. Respond
D. Sustain
View answer
Correct Answer: D
Question #12
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. Privacy by Design
B. Privacy Step Assessment
C. Information Security Planning
D. Innovation Privacy Standards
View answer
Correct Answer: C
Question #13
In regards to the collection of personal data conducted by an organization, what must the data subject be allowed to do?
A. Evaluate the qualifications of a third-party processor before any data is transferred to that processor
B. Obtain a guarantee of prompt notification in instances involving unauthorized access of the data
C. Set a time-limit as to how long the personal data may be stored by the organizationD
View answer
Correct Answer: C
Question #14
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. Obtain express written consent from users of the Handy Helper regarding marketing
B. Work with Sanjay to review any necessary privacy requirements to be built into the product
C. Certify that the Handy Helper meets the requirements of the EU-US Privacy Shield Framework
D. Build the artificial intelligence feature so that users would not have to input sensitive information into the Handy Helper
View answer
Correct Answer: C
Question #15
In addition to regulatory requirements and business practices, what important factors must a global privacy strategy consider?
A. Monetary exchange
B. Geographic features
C. Political history
D. Cultural norms
View answer
Correct Answer: B
Question #16
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. Through targeted curricula designed for specific departments
B. By adopting e-learning to reduce the need for instructors
C. By using industry standard off-the-shelf programs
D. Through a review of recent data breaches
View answer
Correct Answer: A
Question #17
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. An external audit conducted by a panel of industry experts
B. An internal audit team accountable to upper management
C. Creation of a self-certification framework based on company policies
D. Revision of the strategic plan to provide a system of technical controls
View answer
Correct Answer: D
Question #18
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 Life Cycle 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: D
Question #19
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. Hold a meeting with stakeholders to create an interdepartmental protocol for new initiatives
B. Institute Privacy by Design principles and practices across the organization
C. Develop a plan for introducing privacy protections into the product development stage
D. Conduct a gap analysis after deployment of new products, then mend any gaps that are revealed
View answer
Correct Answer: C
Question #20
Why were the nongovernmental privacy organizations, Electronic Frontier Foundation (EFF) and Electronic Privacy Information Center (EPIC), established?
A. To promote consumer confidence in the Internet industry
B. To improve the user experience during online shopping
C. To protect civil liberties and raise consumer awareness
D. To promote security on the Internet through strong encryption
View answer
Correct Answer: A

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