Match the Legislation to the Description

question 93

Multiple Choice

Match the legislation to the description
-Gramm-Leach-Bliley Act

• A)This legislation requires organizations that handle credit and debit card data to meet cybersecurity requirements to safeguard the data.
• B)Frank-Dodd Wall Street Reform and Consumer Protection Act
• C)This legislation requires each federal agency to develop, document, and implement an agency-wide information security program.
• D)This legislation requires proper internal control, including information security and controls.
• E)Federal Privacy Act of 1974
• F)This legislation requires financial institutions to provide customers with privacy notices and prohibits the institutions from sharing customer information with nonaffiliated third parties.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied is exactly equal to the quantity demanded at the market price.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at a given price.

Tax Revenue

Income that is gained by governments through taxation, used to fund public services and government obligations.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded, typically downward sloping to the right.