Which of the Following Established the Office of Credit Ratings

question 12

Multiple Choice

Which of the following established the Office of Credit Ratings and mandated that credit rating agencies establish internal controls to make their ratings process more transparent?

• A)Financial Reform Act of 2010
• B)Consumer Protection Act of 2008
• C)Federal Ratings Commission Act of 2014
• D)None of the above is correct.

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Definitions:

Societal Culture

The collective norms, values, beliefs, and behaviors that characterize a society or social group.

Performance Orientation

A focus or emphasis on the outcomes of work activities and the achievement of results or goals.

GLOBE Model

A research paradigm that examines the interrelationships between societal culture, organizational culture, and organizational leadership across the world.

Excellence

The quality of being outstanding or extremely good in performance or quality.