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. Under OSHA regulations, how long must employers retain records of employee exposure to toxic substances or harmful physical agents?

    Answer: 30 years

    OSHA's Access to Employee Exposure and Medical Records standard (29 CFR 1910.1020) requires retaining exposure records for 30 years.

  2. Which term describes a formal, documented authority that permits the destruction of specific records after their retention period expires?

    Answer: Disposition authority

    A disposition authority is the legal or regulatory basis (such as a NARA-approved schedule) that authorizes records destruction or transfer.

  3. The Dodd-Frank Wall Street Reform Act requires certain financial records to be retained for how many years?

    Answer: 5 years

    Dodd-Frank generally imposes 5-year retention requirements for various financial records, including swap transaction data under CFTC rules.

  4. Which concept requires that organizations be able to demonstrate compliance with applicable laws and regulations upon request by regulators or auditors?

    Answer: Auditability

    Auditability means maintaining sufficient records and documentation to demonstrate compliance during regulatory audits or investigations.

  5. Under the Fair Labor Standards Act (FLSA), payroll records must be retained for a minimum of:

    Answer: 3 years

    FLSA regulations (29 CFR Part 516) require employers to retain payroll records, including time cards and wage rate tables, for at least 3 years.

  6. A records manager is asked to produce records in response to a regulatory subpoena. Which action is most appropriate BEFORE producing records?

    Answer: Consult with legal counsel to review scope and privilege issues

    Before responding to any subpoena, records managers must consult legal counsel to assess the scope, identify privileged materials, and ensure proper response procedures.

  7. Which ISO standard provides an internationally recognized framework for records management systems?

    Answer: ISO 15489

    ISO 15489 is the international standard for records management, providing principles and guidelines for creating and managing authentic, reliable records.