Which of the Following Statements About Self-Regulatory Programs Is False

question 165

Multiple Choice

Which of the following statements about self-regulatory programs is false?

• A) Self-regulatory programs are usually less expensive than governmental regulatory programs.
• B) Self-regulatory programs' guidelines generally are more realistic and operational.
• C) Many nongovernmental self-regulatory programs have neither the tools nor the authority to enforce guidelines.
• D) Self-regulatory guidelines generally are stricter than governmental regulatory programs.
• E) When a trade association sets up industry guidelines, some firms that are in the industry but not in the trade association do not follow the guidelines.

---

Definitions:

Statement of Purpose

A written document that outlines an individual's intentions and objectives, often used in academic or professional applications.

Internal Reports

Documents created within an organization to communicate information, updates, or findings among its members.

External Reports

Documents that communicate a company's or organization's status or performance to outside entities, such as regulatory bodies, investors, or the public.

Valid Data

Accurate and reliable information that is relevant and appropriate for the context in which it is used.