The Number Assigned to Employers by the IRS for Use

question 47

Multiple Choice

The number assigned to employers by the IRS for use in submitting and reporting tax payments is:

• A) EIN
• B) TIPN
• C) iPay
• D) FUTA

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Definitions:

Gramm-Leach-Bliley Financial Modernization Act

A law enacted in 1999 that aims to regulate the collection, disclosure, and protection of consumers' personal financial information by financial institutions.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

FTC

The Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and promoting competition.

Consumer Financial Protection Bureau

A regulatory agency in the United States tasked with ensuring consumers are treated fairly by banks, lenders, and other financial companies.