Multiple choice 25 Questions

Legal functions are the most important area of IG impact.  Under the FRCP amendments, corporations must proactively manage the e-discovery process to avoid what?A.a loss of public trustB.unfavorable rulingsC.Sanctions,D.All of the above8 pointsQUESTION 2The implementation of an LHN program attacks some of the low-hanging fruit within an or an organization’s overall IG position. This part of the e-discovery life-cycle must not be outsourced.  Why is this the case?A.Retained counsel does not provide input or the mechanics of the LHN don’t need to manage and owned by the internal corporate resourcesB.Retained counsel provides input, but the mechanics of the LHN must be managed and owned by the internal corporate resourcesC.No internal ownership is required by the counsel’s engagement in this situationD.Both A and C8 pointsQUESTION 3The ………………………….is a visual planning tool created by EDRM.net to assist in identifying and clarifying the stages of the e-discovery process?A.Guidelines for E-Discovery PlanningB.E-Discovery Reference ModelC.Information Management ProtocolD.None of the above8 pointsQUESTION 4According to recent surveys regarding Big Data and its impacts, approximately 25………………. percent of information stored in organizations has real business value, while 5……………. percent must be kept as business records and about 1…………… percent is retained due to a litigation hold.A.      1, 5, 25B.        25, 5, 1C.None of the aboveD.           25, 5, 28 pointsQUESTION 5What is ISO 38500? ……………………………………. that provides high-level principles and guidance for senior decision-makersA.A.  International MetricB.European and American Standard ProcedureC.International standardD.International Organization Law8 pointsQUESTION 6Principles of IG are on the evolutionary edge, and therefore, most successful IG programs have been characterized by ten key principles which have become the ………………………………………and should be designed into the IG approach.A.Basic foundationB.Both A and BC.basis for best practicesD.Design8 pointsQUESTION 7Principles of IG are on the evolutionary edge, and therefore, most successful IG programs have been characterized by …………………………… key principles which have become the basis for best practices and should be designed into the IG approach.A.None of the aboveB.TenC.FiveD.Eleven8 pointsQUESTION 8What is the ITIL?A.A set of process-oriented best practicesB.A group of metrics that govern the programC.Focuses on value deliveryD.All of the above.8 pointsQUESTION 9The principles of successful IG programs are emerging, and they include executive sponsorship, and………………, ………………, ………………, ……………, ……………, …………, …………, ………………, and ……………?A.Information classification, integrity, security, accessibility, control, monitoring, auditing, policy development, and continuous improvementB.A and BC.Information classification, integrity, security, accessibility, control, monitoring, auditing, policy development, and continuous metricsD.Information classification, integrity, security, personally identifiable information, control, monitoring, auditing, policy development, and continuous improvement8 pointsQUESTION 10Generally Accepted Recordkeeping Principles are sometimes known as the ………………………..?A.The ARMA PrinciplesB.The IG PrinciplesC.None of the aboveD.The GAR Principles8 pointsQUESTION 11Risk Profile creation is a basic building block in the Enterprise Risk Management to assist executives to understand the risks associated with?A.Stated Business ObjectivesB.Both A, B, and CC.Stated Business GoalsD.Stated Business Agreements8 pointsQUESTION 12According to the best business practices associated with and approved by IG Subject Matter experts, there are three (3) key Event-Based prerequisites that must be completed before an event-based disposition can be implemented.  These prerequisites are?A.None of the aboveB.The ERM Systems must have complete retention and disposition capabilities, A clear start date is a required, Clarify trigger eventsC.Clarify trigger events, an aautomated capture of agreed-on trigger events must be performed and sent to the ERM, The ERM Systems must have complete retention and disposition capabilitiesD.A clear start date is a required, Retention periods must be segmented into active and inactive, Clarify trigger events8 pointsQUESTION 13Which one of the following is TRUE about the IG Reference Model?A.Linking duty + policy integration = efficient, effective managementB.Linking duty + value to information asset = efficient, effective managementC.Linking duty + value to information asset = Unified governance, effective managementD.All of the above8 pointsQUESTION 14……….is a process-based IT governance framework that represents a consensus of experts worldwide.A.All of the aboveB.CobiTC.CobiTLD.CobiTX8 pointsQUESTION 15IG is sort of a super discipline that encompasses a variety of key concepts from a variety of ………………………………?A.All of the above.B.Never overlapping disciplinesC.Isolated discipline but comprehensiveD.Related and overlapping disciplines8 pointsQUESTION 16Predictive coding software leverages ……………………….. when experts review a subset of documents to teach the software what to look for, so it can apply this logic to the full set of …………………….?A.Human analysis, pagesB.Pattern search, intelligenceC.Human analysis, documentsD.Human Intelligence, documents8 pointsQUESTION 17TRUE or FALSE: Unknown or useless data, such as old log files that take up space and continues to grow and requires regular clean-up is sometimes known as dark data  TrueFalse8 pointsQUESTION 18TRUE or FALSE: Clean, build and maintain, Survey and monetize are the 3 phases in the Yard’s rebirth.TrueFalse8 pointsQUESTION 19TRUE or FALSE: Clean, build and maintain, and monetize are the 3 phases in the Yard’s rebirth TrueFalse8 pointsQUESTION 20TRUE or FALSE: Good data governance ensures that downstream negative effects of poor data are avoided and that subsequent reports, analyses, and conclusions are based on reliable, and trusted data. TrueFalse8 pointsQUESTION 21TRUE or FALSE: According to the Intersection of IG and E-Discovery, the Legal Hold Process is NOT a foundational element of Information Governance (IG). TrueFalse8 pointsQUESTION 22Creating a …………………… is a basic building block in an ………………… that assists business executives understand the risks associated with stated business objectives.A.Risk profile, Enterprise Risk ManagementB.All of the aboveC.ISO 9000, HeatmapD.Risk Profile, Framework8 pointsQUESTION 23What’s the fundamental function of the GAR Principle?A.Foster awareness of good record-keeping practices, and provides associated metrics to provide an IG framework to support continuous improvementB.To deploy Gastric Analysis RevenueC.Generally Accepted Recordkeeping principles is used to measure program profitsD.None of the above8 pointsQUESTION 24One of the ten IG principles is a Continuous improvement. What is the importance of this principle to the organization program?A.Ensure guidelines and policies are being followed to measure employee complianceB.None of the aboveC.Document management and report management software must be deployed for controlD.Provide periodic program review and necessary adjustment against gaps and or shortcomings8 pointsQUESTION 25From our Chapter 9; – Records Management (RM) is a key impact area of IG – so much that in the RM space, IG is often thought of as synonymous with or a single superset of RM.  From that perspective, the International Organization for Standardization (ISO) defined business records as……………………………………….?A.Both A and BB.A. information created, received, and maintained as evidence and information by an organization or person, in pursuance of legal obligations or in the transaction in the form of FilesC.AA.information created, received, and maintained as evidence and information by an organization or person, in pursuance of legal obligationsD.A.   information created, received, and maintained as evidence and information by an organization or person, in pursuance of legal obligations or in the transaction in the form of records8 pointsClick Save and Submit to save and submit. 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