UMC Regulatory Compliance & Risk Management

Question 1

What is the purpose of the Safe Drinking Water Act (SDWA)?

Accepted Answer

To ensure safe public drinking water

Answer

To manage stormwater discharges

Answer

To regulate industrial discharge

Answer

To control pesticide usage

Question 2

Which federal agency enforces environmental regulations that affect utilities?

Accepted Answer

EPA

Answer

OSHA

Answer

FDA

Answer

FCC

Question 3

What is a key component of a utility risk management program?

Accepted Answer

Risk identification and assessment

Answer

Revenue forecasting

Answer

Marketing strategy

Answer

Employee engagement

Question 4

How often must utilities typically update emergency response plans?

Accepted Answer

Annually or after major events

Answer

Every five years

Answer

Only after a disaster

Answer

When requested by the public

Question 5

What is the role of regulatory compliance audits in utility operations?

Accepted Answer

To verify adherence to regulations

Answer

To increase profits

Answer

To reduce customer service

Answer

To design new infrastructure

Question 6

Which tool helps prioritize risks in utility systems?

Accepted Answer

Risk matrix

Answer

Customer feedback report

Answer

Operating budget

Answer

Equipment inventory