WorksheetsRegulatory Agencies
Total questions: 18
Worksheet time: 8mins
What does SEC stand for?
Southeastern Conference
Safe Exchange Currency
Securities and Exchange Commission
Securities Enforcement Commission
Which agency insures accounts at commercial banks and has the power to take over failed commercial banks?
Federal Deposit Insurance Corporation (FDIC)
National Credit Union Administration (NCUA)
Securities Investor Protection Corporation (SIPC)
Securities and Exchange Commission (SEC)
Which agency protects investors; maintains fair, orderly, and efficient markets; and monitors corporate takeovers.
Internal Revenue Service (IRS)
Securities and Exchange Commission (SEC)
Financial Protection Bureau (FPB)
Financial Industry Regulatory Authority (FINRA)
Which agency operates as the nation's central bank and serves to ensure that adequate amounts of currency and coins are in circulation?
The U.S. Mint
The Bureau of Engraving and Printing
The Office of the Comptroller of the Currency (OCC)
The Federal Reserve
Which agency is responsible for collecting income taxes and administering audits?
Internal Revenue Service (IRS)
Department of Labor
Congress
Financial Crimes Enforcement Network (FINCEN)
Which agency ensures that IPOs meet the qualifications and guidelines for becoming public companies?
Federal Deposit Insurance Corporation (FDIC)
Securities and Exchange Commission (SEC)
Which agency processes income tax returns?
Department of the Treasury
Internal Revenue Service (IRS)
Businesses must comply with law, government regulations, and other guidance
True
False
Which of these people is the leader of the national executive branch of government?
the president
a representative
a senator
a governor
Which of these is the responsibility of the Federal Trade Commission (FTC)?
Inspecting and improving new medications
enforcing state and local environmental regulations
resolving disputes between labor and management
false claims in advertising and marketing
Which agency makes sure that airplane travel is safe?
Federal Trade Commission (FTC)
Food and Drug Administration (FDA)
Federal Communications Commission (FCC)
Federal Aviation Administration (FAA)
Which of the following problems would most likely be regulated by the Food and Drug Administration (FDA)?
A factory has been letting toxic chemicals seep into the soil.
Several children have become ill after drinking baby formula.
During bad weather, hundreds of passengers are stranded in airports.
An unlicensed radio station has begun operating, interfering with another station's signal.
Which of these government agencies would be responsible for developing proposals to preserve wetlands, such as swamps, bogs, and marshes?
Environmental Protection Agency (EPA)
Federal Trade Commission (FTC)
Federal Communications Commission (FCC)
Food and Drug Administration (FDA)
This agency makes sure our air and water sources are protected and safe.
FTC
EPA
FDA
OSHA
This agency makes sure that businesses are fair and honest
FTC
FDA
EPA
OSHA
In Washington State a large paper company plans to cut down a forest. However, a local group is angry because the spotted owls that live in the forest will lose their habitat. They want to make the forest a state park to protect the owls.
Federal Trade Commission (FTC)
Environmental Protection Agency (EPA)
Federal Communications Commission (FCC)
Federal Aviation Administration (FAA)
FCC stands for
Federal Communications Commission
Federal Communications Committee
Federal Center of Communications
Federal Commission on Communications
Which of the following is true regarding EAS (Emergency Alert System)?
Weekly tests must be performed at random days and times
Monthly tests must be performed between 8:30a and sunset on odd numbered months
Monthly tests must be performed between sunset and 8:30a on even numbered months
All of the above
