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.