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The primary purpose of an information exchange during the hiring process centers around the interaction between the candidate and the hiring organization regarding important insights about each other. This exchange allows the candidate to present their qualifications and experiences, while also offering the hiring team a chance to assess whether the candidate is a good fit for the organization.

Option B, which focuses on past contacts sharing findings, emphasizes the importance of references in the context of the hiring process. While this aspect is crucial, the core function of an information exchange is to gather comprehensive insights about the candidate. A reference check does involve discussing findings shared by past employers or contacts, but the immediate purpose of the information exchange is broader, encompassing many types of interactions that provide a holistic view of the candidate and the organization's expectations.

The correct answer reflects the key objectives of this process, which includes ensuring that the candidate aligns with the company’s needs and culture, providing essential background information, and laying the groundwork for a successful employment relationship.