Industry Regulations & Compliance Flashcards

The Age Discrimination in Employment Act (ADEA) protects workers of what age and older?

Answer: 40

The ADEA protects individuals who are 40 years of age or older.

What is a key requirement of the Family Educational Rights and Privacy Act for disclosing student records?

Answer: Written consent is generally required, with limited exceptions

FERPA generally requires written consent before disclosing personally identifiable information from education records.

Which regulation requires publicly traded companies to maintain internal control over financial reporting, with management assessment under Section 404?

Answer: Sarbanes-Oxley Act

SOX Section 404 requires management to assess internal controls over financial reporting.

Under the Occupational Safety and Health Act, workers have the right to do which of the following?

Answer: Request an OSHA inspection and report hazards without retaliation

Workers may file complaints and request inspections, and retaliation for doing so is prohibited.

What does 'risk assessment' mean in a compliance program?

Answer: Identifying and prioritizing threats of non-compliance

Risk assessment identifies where violations are most likely and most harmful so resources can be focused.

Which law gives employees the right to continue group health coverage at their own expense after certain qualifying events like job loss?

Answer: COBRA

COBRA allows continuation of group health coverage after qualifying events, generally at the participant's cost.

The Americans with Disabilities Act Title I applies to private employers with at least how many employees?

Answer: 15

ADA Title I covers employers with 15 or more employees.