Practice Test Geeks(CRM) Certified Records Management Practice Test
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Regulatory Compliance Flashcards

7 cards from real CRM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Regulatory Compliance flashcards as text

  1. What is the primary purpose of a records retention schedule in the context of regulatory compliance?

    Answer: To ensure records are kept for legally required periods and then destroyed

    A retention schedule documents how long each record series must be kept to satisfy legal, regulatory, and operational requirements before authorized disposition.

  2. The EU General Data Protection Regulation (GDPR) concept of 'data minimization' requires organizations to:

    Answer: Collect only data adequate and relevant to the specified purpose

    GDPR Article 5(1)(c) mandates that personal data be adequate, relevant, and limited to what is necessary for the processing purpose.

  3. Under the Americans with Disabilities Act (ADA), how long must employers retain applications and other personnel records?

    Answer: 1 year

    EEOC regulations under the ADA require employers to retain personnel and employment records for a minimum of one year from the date of the record or the personnel action, whichever is later.

  4. Which concept describes the chain of custody and trackable history of a record from creation to final disposition?

    Answer: Audit trail

    An audit trail documents every action taken on a record, establishing accountability and supporting legal admissibility.

  5. The California Consumer Privacy Act (CCPA) grants consumers the right to:

    Answer: Know what personal information is collected and request its deletion

    CCPA grants California residents the right to know, delete, opt-out, and non-discrimination regarding their personal information.

  6. A government agency must respond to a FOIA request within how many business days (standard response time)?

    Answer: 20 business days

    FOIA requires federal agencies to respond to requests within 20 business days, though complex requests may qualify for extensions.

  7. Which IRS regulation governs the retention of tax records for corporations?

    Answer: IRC Section 6001

    IRC Section 6001 requires every person liable for any tax to keep records sufficient to establish their tax liability.