Under PIPEDA, which of the following statements is FALSE? Companies that collect information
A) have an obligation to retain the information only as long as required for the purpose identified at the time it was collected
B) have an obligation to maintain the accuracy of personal information
C) have an obligation to put security safeguards in place to protect the information
D) can face fines of up to $10 million and 10 years in jail if they leak private information
E) can be guilty of an offence if they accidentally leak customers' private information
D
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Structured systems design in the systems development process is analogous to which of the following tasks required in constructing an industrial park?
a. finalizing blueprints and other construction-related plans b. choosing the construction contractors c. the architect's determining each building's specific use, required room sizes, electrical and plumbing requirements, etc. d. estimating the construction costs and preparing the forecasted construction schedule
Consequences or justifications always override every other consideration when comparing alternatives for ethical decision making.
Answer the following statement true (T) or false (F)
Which of the following represents the best description of the projected benefit obligation at any balance sheet date?
a. Service cost to date + interest cost to date + unrecognized gain or loss at the balance sheet date b. Service cost to date + prior service cost to date + unrecognized gain or loss at the balance sheet date c. Service cost to date + interest cost to date – amortized prior service cost – actual return – benefits paid to date d. Service cost to date + interest cost + net total actuarial gain or loss + prior service cost to date – benefits paid to date
Under the equity method, a stock purchase is recorded at its original cost, but is not subsequently adjusted to fair market value
Indicate whether the statement is true or false