AnswersPMHS Civics Q2Regulatory Policy

Regulatory Policy Answers

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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
3

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
4

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.
6

Which agency is under the authority of the Department of Labor?

A
SEC- U.S. Securities and Exchange Commission
B
OSHA- Occupational Safety and Health Administration
C
EPA- United States Environmental Protection Agency
D
FDA- Food and Drug Administration
7

What are the purposes of financial regulations? Choose three answers.

A
to make business competitive
B
to enforce government intervention
C
to limit and prevent monopolies
D
to allow businesses to collaborate
E
to ensure only one business can operate
F
to place regulations on prices
8

Which of these laws was created in order to directly protect consumers?

p
pollution laws
p
product safety laws
w
wage laws
e
equal opportunity laws
9

only when necessaryon a regular basisas often as possible

A
only when necessary
B
on a regular basis
C
as often as possible
10

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.

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