Certified Information Privacy Manager (CIPM) 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

What is one of the main purposes of the AICPA?

Setting standards for technology audits

Developing frameworks for assessing data privacy

One of the main purposes of the AICPA (American Institute of Certified Public Accountants) is indeed related to developing frameworks for assessing data privacy. The AICPA plays a crucial role in establishing standards and guidance for the accounting profession, which includes considerations around data privacy and security. Given the increasing importance of protecting personal information in various business practices, the AICPA has focused on creating frameworks that help organizations assess their data privacy practices and ensure they are compliant with relevant regulations.

This focus on data privacy is significant as it aids businesses in understanding how to manage personal data responsibly and ethically while adhering to legal requirements. As organizations face heightened scrutiny over data usage, the AICPA's efforts to provide frameworks for assessing data privacy are essential for helping them navigate these complex challenges.

In contrast, the other options—setting standards for technology audits, regulating tax compliance practices, and creating guidelines for marketing data usage—while relevant in their own contexts, do not encapsulate the central focus of the AICPA’s initiatives as related to data privacy. The AICPA's commitment to enhancing professional ethics and practices in dealing with personal data and maintaining client confidentiality stands out as a primary mission, especially in today’s data-driven environment.

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Regulating tax compliance practices

Creating guidelines for marketing data usage

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