Page |1
AFIP CERTIFICATION ACTUAL EXAM NEWEST AFIP
CERTIFICATION EXAM PREPARATION/AFIP CERTIFICATION
PRACTICE EXAM 2025/2026 NEWEST ACTUAL EXAM WITH
COMPLETE QUESTIONS AND VERIFIED ANSWERS
|ALREADY GRADED A+|
What it means for a consumer to "opt out"? - ANSWER-Once told
that his/her NPI might be sold to a third party that isn't directly
related to the immediate transaction, the customer must be given
the option to decline having his or her information sold (called
"opting out")
The conditions under which a privacy notice must be issued -
ANSWER--An initial privacy notice is required only if the dealer
intends to share this information with a non-affiliated third party.
-You must deliver your privacy notices to each consumer or
customer in writing, or, if the consumer or customer agrees,
electronically.
-Notices given orally or posted in your office(s) don't comply with
the rule.
, Page |2
The entity responsible for issuing notices during the repayment
period of the installment sale or consumer lease agreement: -
ANSWER-The financial institution that is assigned the contract; or
the entity in which the consumer relationship exists.
The information that must be included in the privacy notice -
ANSWER--The categories of NPI that you collect
-The categories of NPI that you disclose
-The categories of affiliates & non-affiliated third parties to whom
you disclose NPI
-The categories of NPI about your former customers that you
disclose & the categories of affiliates and non-affiliated third
parties to whom you disclose NPI
-A separate statement of the categories of information you
disclose and the categories of third parties with whom you have
contracted
-An explanation of the consumer's right to opt-out of certain
disclosures of NPI to non-affiliated third parties
-A Fair Credit Reporting Act disclosure
-A statement regarding your information safeguards policies and
practices
, Page |3
The rules regarding when it is permissible to share NPI with a
nonaffiliated third party - ANSWER--The notices must be
delivered whether the NPI is shared with unrelated entities or not.
-The financial institution to which the loan is assigned is required
to provide annual notices regarding its policy pertaining to the
sharing of NPI until the funding agreement has been retired.
How to obtain safe harbor protection - ANSWER-Dealers using
the FTC's final model notice will enjoy a "safe harbor" as long as
they don't make any changes or include any variations in the
model form.
The purpose of the Safeguards Rule - ANSWER-1. To insure the
security and confidentiality of Customer Information
2. To protect against any anticipated threats or hazards to the
security and/or integrity of Customer Information
3. To protect against any unauthorized access to or use of
Customer Information that could result in substantial harm or
inconvenience to any customer.
, Page |4
What constitutes "customer information" under the Safeguards
Rule? - ANSWER-Any record containing non-public personal
information about a customer of the dealership, whether in paper,
electronic, or other form, that is handled or maintained by or on
behalf of the dealership or its affiliates.
What does the Safeguard Rule require of dealerships? -
ANSWER-1. You must designate an employee or employees to
coordinate your information security program.
2. You must identify reasonably foreseeable internal and external
risks to the security, confidentiality, and integrity of Customer
Information that could result in its unauthorized disclosure,
misuse, alteration or destruction.
3. You must develop and implement Customer Information
safeguards to control the risks you identify through the risk
assessment.
4. You must oversee service providers who take possession of
Customer Information.
5. You must evaluate and adjust your information security
program.
AFIP CERTIFICATION ACTUAL EXAM NEWEST AFIP
CERTIFICATION EXAM PREPARATION/AFIP CERTIFICATION
PRACTICE EXAM 2025/2026 NEWEST ACTUAL EXAM WITH
COMPLETE QUESTIONS AND VERIFIED ANSWERS
|ALREADY GRADED A+|
What it means for a consumer to "opt out"? - ANSWER-Once told
that his/her NPI might be sold to a third party that isn't directly
related to the immediate transaction, the customer must be given
the option to decline having his or her information sold (called
"opting out")
The conditions under which a privacy notice must be issued -
ANSWER--An initial privacy notice is required only if the dealer
intends to share this information with a non-affiliated third party.
-You must deliver your privacy notices to each consumer or
customer in writing, or, if the consumer or customer agrees,
electronically.
-Notices given orally or posted in your office(s) don't comply with
the rule.
, Page |2
The entity responsible for issuing notices during the repayment
period of the installment sale or consumer lease agreement: -
ANSWER-The financial institution that is assigned the contract; or
the entity in which the consumer relationship exists.
The information that must be included in the privacy notice -
ANSWER--The categories of NPI that you collect
-The categories of NPI that you disclose
-The categories of affiliates & non-affiliated third parties to whom
you disclose NPI
-The categories of NPI about your former customers that you
disclose & the categories of affiliates and non-affiliated third
parties to whom you disclose NPI
-A separate statement of the categories of information you
disclose and the categories of third parties with whom you have
contracted
-An explanation of the consumer's right to opt-out of certain
disclosures of NPI to non-affiliated third parties
-A Fair Credit Reporting Act disclosure
-A statement regarding your information safeguards policies and
practices
, Page |3
The rules regarding when it is permissible to share NPI with a
nonaffiliated third party - ANSWER--The notices must be
delivered whether the NPI is shared with unrelated entities or not.
-The financial institution to which the loan is assigned is required
to provide annual notices regarding its policy pertaining to the
sharing of NPI until the funding agreement has been retired.
How to obtain safe harbor protection - ANSWER-Dealers using
the FTC's final model notice will enjoy a "safe harbor" as long as
they don't make any changes or include any variations in the
model form.
The purpose of the Safeguards Rule - ANSWER-1. To insure the
security and confidentiality of Customer Information
2. To protect against any anticipated threats or hazards to the
security and/or integrity of Customer Information
3. To protect against any unauthorized access to or use of
Customer Information that could result in substantial harm or
inconvenience to any customer.
, Page |4
What constitutes "customer information" under the Safeguards
Rule? - ANSWER-Any record containing non-public personal
information about a customer of the dealership, whether in paper,
electronic, or other form, that is handled or maintained by or on
behalf of the dealership or its affiliates.
What does the Safeguard Rule require of dealerships? -
ANSWER-1. You must designate an employee or employees to
coordinate your information security program.
2. You must identify reasonably foreseeable internal and external
risks to the security, confidentiality, and integrity of Customer
Information that could result in its unauthorized disclosure,
misuse, alteration or destruction.
3. You must develop and implement Customer Information
safeguards to control the risks you identify through the risk
assessment.
4. You must oversee service providers who take possession of
Customer Information.
5. You must evaluate and adjust your information security
program.
