
FP1 Final Exam Rev. Part 4

Flashcard
•
Financial Education
•
11th Grade
•
Hard
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27 questions
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1.
FLASHCARD QUESTION
Front
The two main sources of revenue used to pay the costs of government regulation are:
Back
taxes and borrowing.
2.
FLASHCARD QUESTION
Front
One of the positive effects that government regulation has on companies is that many of the laws are intended to provide companies with:
Back
choices.
3.
FLASHCARD QUESTION
Front
One of the main provisions of the Gramm-Leach-Bliley Act requires financial institutions to:
Back
protect the privacy of consumer personal monetary information.
4.
FLASHCARD QUESTION
Front
Which federal agency is responsible for collecting complaints about identity theft and also prevents fraudulent, deceptive, and unfair business practices?
Back
Federal Complaint Commission
5.
FLASHCARD QUESTION
Front
Which company policy is designed to protect the confidential information of the business? Options: Privacy Policy, Confidentiality Agreement, Code of Conduct, Employee Handbook
Back
Confidentiality Agreement
6.
FLASHCARD QUESTION
Front
Documents should never be marked “confidential” to avoid drawing attention to them.
Back
False
7.
FLASHCARD QUESTION
Front
Confidential documents should be kept in locked cabinets or rooms.
Back
True
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