The Purpose of the Consumer Financial Protection Bureau Is To

question 12

Multiple Choice

The purpose of the Consumer Financial Protection Bureau is to:

• A)guarantee the safety of food and drugs purchased by consumers.
• B)educate consumers on how to save for retirement above and beyond their Social Security.
• C)police financial industry practices and protect borrowers.
• D)help consumers understand how to get the best health insurance.

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Definitions:

Acid-test Ratio

A stringent indicator of a company's ability to quickly convert its short-term assets into cash to cover short-term liabilities, excluding inventory.