CCT Regulatory Frameworks & Compliance Standards 3

Question 1

Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which agency was created to protect consumers of financial products and services?

Accepted Answer

Consumer Financial Protection Bureau (CFPB)

Answer

The Dodd-Frank Act created the CFPB in 2010 to supervise and enforce consumer financial protection laws.

Question 2

Which OSHA standard requires employers to establish a written Hazard Communication program and train employees on chemical hazards?

Accepted Answer

29 CFR 1910.1200 (HazCom)

Answer

OSHA's Hazard Communication Standard (29 CFR 1910.1200) requires chemical manufacturers and employers to communicate hazards through labels, SDS, and training.

Question 3

A Suspicious Activity Report (SAR) must be filed with FinCEN within how many days of initial detection of suspicious activity?

Accepted Answer

30 days

Answer

Financial institutions must file a SAR within 30 days of the date they initially detected the facts that may constitute a basis for filing.

Question 4

The Americans with Disabilities Act (ADA) Title I applies to employers with how many or more employees?

Accepted Answer

15

Answer

ADA Title I applies to employers with 15 or more employees, prohibiting discrimination against qualified individuals with disabilities.

Question 5

Which international standard provides a framework for establishing, implementing, and maintaining an Information Security Management System (ISMS)?

Accepted Answer

ISO 27001

Answer

ISO/IEC 27001 is the international standard for information security management systems and provides requirements for establishing an ISMS.

(CCT) Certified Compliance Technician Practice Test

(CCT) Certified Compliance Technician Practice Test

CCT Regulatory Frameworks & Compliance Standards 3