Regulatory Policy Answers

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private businessfinancial institutionregulatory agency

A
private business
B
financial institution
C
regulatory agency
2
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Which of these regulations falls under the jurisdiction of the Environmental Protection Agency?

p
prescription safety
a
automobile emissions
c
credit card interest rates
p
power tools used in factories
3

What happens if regulatory policies for a business are violated?

N
New business rules are created.
S
Safety classes are mandated.
A
Additional inspections are required.
F
Fines and sanctions are applied.
4

What are the roles of the FCC in the US?FCC- Federal Communications CommissionChoose three answers.regulating the country’s communications infrastructureensuring communication technology is compatible with existing technology establishing safety standards for pesticides and other chemicalsassigning frequencies to television, radio, cable, and satellite providersbringing civil suits against individuals or businesses for breaking security lawsinvestigating complaints, inspecting workplaces, and imposing penalties

A
regulating the country’s communications infrastructure
B
ensuring communication technology is compatible with existing technology
C
establishing safety standards for pesticides and other chemicals
D
assigning frequencies to television, radio, cable, and satellite providers
E
bringing civil suits against individuals or businesses for breaking security laws
F
investigating complaints, inspecting workplaces, and imposing penalties
5

What do OSHA and the SEC have in common?OSHA- Occupational Safety and Health AdministrationSEC- U.S. Securities and Exchange Commission

B
Both operate independently.
B
Both are overseen by the Bureau of Labor.
B
Both create and enforce regulations.
B
Both focus on protecting employee finances.
6

What must businesses do in order to comply with financial regulations and laws?

A
report their revenue and earnings to the government
B
disclose information about sales with the media
C
report details of advertising revenue to managers
D
disclose product details to the competition
7

How are government regulations established?

C
Citizens agree on new regulations through annual elections.
S
Specialized executive agencies respond to a new policy by creating regulations.
B
Business owners agree to create regulations to better compete with one another.
T
The courts establish regulations in response to unfair business practices.
8

Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair?

F
FDA- Food and Drug Administration
S
SEC- U.S. Securities and Exchange Commission
C
CFPB- Consumer Financial Protection Bureau
F
FCC- Federal Communications Commission
9

What does the FCC regulate?FCC- Federal Communications Commission

A
food and beverage products
B
communications infrastructure
C
environmental policies
D
businesses breaking security laws
10

Which statement about the SEC is accurate?SEC- U.S. Securities and Exchange Commission

A
It can convict people of crimes without a trial.
B
It is part of the government’s cabinet department.
C
It is an independent agency that regulates finance.
D
It is associated with the legislative branch.

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Regulatory Policy Answers — HVS FL-2109315-World…