Which of the following is an example of personally identifiable financial information?

Study for the Idaho Independent Adjuster Exam. Use flashcards and multiple choice questions; each question includes hints and explanations. Ace your exam!

Personally identifiable financial information refers to data that can be used to identify an individual and is related to their financial status. In this context, account balance information is a clear example of such data because it reveals specific financial details that can directly link to an individual's financial situation.

This type of information is sensitive, as it discloses the financial position of a person and could potentially be misused if it falls into the wrong hands. It is crucial to protect this information to prevent identity theft or fraud.

In contrast, public payment trends, general customer demographics, and employment status are broader data points that do not necessarily link to specific individuals' financial information. Public payment trends could reflect collective behavior rather than individual data, customer demographics pertain to general characteristics of a group rather than personal financial details, and employment status, while it provides an insight into a person's professional life, does not detail their financial specifics such as account balances, making it less relevant in this context.

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