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practice testMultiple Choice

Practice Test

Question 1 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

Of the four consumer protection groups listed, identify which groups are government agencies and which are non-governmental. I. Better Business Bureau II. Consumer Product Safety Commission III. Consumers Union IV. Food and Drug Administration

Answer
A
II and IV are governmental; I and III are not.
B
II and III are governmental; I and IV are not.
C
I and II are governmental; III and IV are not.
D
III and IV are governmental; I and II are not.

Explanation

The Consumer Product Safety Commission (II) and the Food and Drug Administration (IV) are federal government agencies. The Better Business Bureau (I) is a private, non-governmental organization, and Consumers Union (III), now known as Consumer Reports, is also non-governmental. Therefore, choice A correctly identifies II and IV as governmental and I and III as non-governmental.

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