...Quiz Results - The Regulations - SBE You correctly answered 5 of 5 and received 5 of 5 possible points. Scroll down to review the quiz questions and the explanation of the answers. Question 1 Question : According to the federal regulations, research is eligible for exemption, if Your answer : The research falls into one of six categories of research activity described in the regulations. Correct Answer : The research falls into one of six categories of research activity described in the regulations. Comment : Research is only eligible for exemption if all the activity associated with the research fall into one of six categories of activities described in the federal regulations. The regulations do allow some research with children to be exempt (although institutional policy may not). The duration of the study and the experience of the investigator are not criteria for determining eligibility for exemption. Points Earned : 1 Question 2 Question : In addition to pregnant women, fetuses, and neonates, another subpart of the DHHS regulations provides additional protections for which of the following vulnerable populations? Your answer : Prisoners. Correct Answer : Prisoners. Comment : Prisoners are provided additional protections in the DHHS regulations. The DHHS regulations do not have specific additional protections for the elderly, for students, or for persons whose decision-making capabilities are impaired. Investigators may consider and the...
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...Professional Regulation and Criminal Liability in Delaware Lorna J. Granston 05/26/14 HCS 430 Dr. J. Kaplan There are statutes that regulate health care professional on a federal level. It can be difficult to regulate professional on that level, therefore, there are also regulatory bodies on the State level. Regulatory statutes on the State level can offer specific policy and procedures for professional licensure, credentialing, certification and registration for those in health care. Each State in responsible for having specific regulation. Per the American Medical Association (AMA),” the process of obtaining a medical license--either initial licensure or a second or subsequent license in another state--can be a challenging process” (American Medical Association, 2014). The state statutes can be more complicated, but they ensure that professionals are properly prepared to perform health care services for a specific community. In Delaware there are state laws that are followed by state regulatory agency. The Registrar’s office which is part of Delaware’s General Assemble is responsible for the Administrative Code of Regulations and the Delaware On-line Statutory Code. This office is also the official repository of all regulations for the State of Delaware. Title 24 of this code of regulations is directed specifically to Professions and Occupations in the state of Delaware. Within Title 24, Chapter 17 is the Medical Practice Act. The Delaware agency that implements...
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...In my opinion, especially in this day and time, when you do business via the Internet, you're most likely dealing on an international level. This makes things trickier but for argument sake, as a whole, I believe self-regulation is best for the online business industry. I think that private sectors can adapt to changes more quickly than so with government regulations. So really in the end, even if you vote for government regulations, you almost have to somewhat go by the ethical codes established by trade individuals and professions (to an extent) otherwise you'll fall behind if you're waiting on regulations implemented by the government to catch up. On the issue of fraud and deceptiveness from perpetrators, that's virtually going to happen in any industry. Whether you are strictly a brick-and-mortar store, have somewhat of an online presence, or you are a full online business, you're going to have be schemed by someone, no matter if its government regulated or self-regulated. A few years ago, a local restaurant's credit card portal was compromised from a group of hackers several states away. This is proof that your privacy can be compromised without dealing with e-business, as this business had strictly a brick-and-mortar presence. Personally, when dealing with online businesses, I only use business that I know will protect my privacy. Primarily, businesses that I'm used to, or that take PayPal. I've had my bank account hacked into before via a site that was compromised....
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...Competition and Regulation Historical Background The “Industrial Revolution” brought more than just change to the agricultural environment of America, it brought change to the business environment as well. New industries such as railroads, petroleum, coal, and meatpacking began to be “monopolized” (either as pure monopolies or oligopolies), and achieving such dominance, these businesses began implementing questionable production, employment, and pricing tactics. Not surprisingly, these practices lead to a public revolt against monopolies, which resulted in government intervening on behalf of the complainants. Define Industrial Regulation Two solutions were implemented to deal with oligopolies and monopolies— antitrust laws prohibiting monopolies were passed and regulatory agencies were formed to evaluate and/or regulate corporate organizations. Both solutions seek to increase competition and protect the public from unscrupulous business practices. The Federal Trade Commission was formed through the Federal Trade Commission act of 1914 and gave government regulatory power over corporate mergers, and/or acquisitions, and the ability to investigate businesses for unfair approaches to competition or shady behavior. Essentially the desired impact of antitrust legislation and industrial regulation is to provide higher quality products and/or services at a better price to the consumer. Experience has shown that monopolies and oligopolies become abusive without governing...
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...Introduction Government regulation is around us everywhere. The government needs to make sure that the public’s interests are maintained and preserved. Being an accounting student, I have heard and read about regulation in the accounting industry numerous times. There have been many major accounting scandals in history that have lead to many different kinds of government regulation. The government regulations in accounting are mostly enacted to protect investors. From 2000 to 2002 there was an abundant number of large corporate accounting frauds, which led to the Sarbanes-Oxley Act of 2002. Previous regulations were efficient to a certain extent, but scandals still happened and more regulation seemed to always be needed. Even though the new SOX regulation seems powerful and efficient, I believe that there will always be a need for additional regulation in order to prevent future scandals. Securities Acts of 1933 and 1934 Summary of Regulation The stock market crash of 1929 resulted in the Securities Act of 1933. This act required that before a company an offer or sell securities in a public offering, they must register the securities with the Securities and Exchange Commission (SEC). The registration statement is used to notify the SEC that a sale of securities is pending and that the information needs to be disclosed to prospective buyers. This statement includes information about the issuer and its business, a description of the stock, the proposed use of the proceeds...
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...1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Dropbox: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) Federal Department of Energy – I have always been interested in the stock market and companies that are in secret trade deals. Also, understanding how trade secrets and “privileged” information is supposed to be kept from the public. 2. Describe the proposal/change. (10 points) The proposal proposes to standardize across its various programs procedures for the submission and protection of trade secrets and commercial or financial information that is privileged or confidential. These changes require at the time of submission, to identify and assert a claim of exemption regarding information it considers to be trade secrets or commercial or financial information that is privileged or confidential such that the information would be exempt from disclosure under the Freedom of Information Act. Also, on each page containing such data, there must...
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...profits and revenues. After all, most people do business with one mindset: minimize cost, and increase/maximize the profit. Risks from Foreign Government Policies It is generally true for a fact that most businesses’ next step is to expand to other markets to increase profits. However, expanding to other markets is not as easy as it sounds. There are many risks that affect decisions of businesses to invest in a foreign country. The greatest risk international businesses face is government regulation (Deresky, 2014). Businesses have to follow foreign government policies before they can start doing international business. Although following government policies may sound as easy as checking boxes, foreign government policies tend to change, either favorable for international business or not. For example, countries that have democracy as their political system change government administrations and possibly the policies, every once in a while. Government policies and regulations usually are not just two sides of a coin. There can be many possible government policies that can be implemented that can also lead to many possible countermeasures for an international business. This makes the risk so high on the list, according to Deresky (2014). A clear example is the recent exit of Britain from the European Union (EU), or more famously known as the Brexit. Most businesses did not expect the sudden leaving of Britain from the EU. As an effect...
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...Chapter 3: The Regulation of financial accounting Why examine theories of regulation? Better placed to understand why some accounting prescriptions become part of legislation while others do not. Accounting standard – setting is a very political process While some proposed requirements may be technically sound and logical, they may not be mandated due to political ‘power’ or influence of some affected parties What is regulation? The Oxford Dictionary defines regulation in terms of a “prescribed rule” Macquarie Dictionary defined regulation as “a rule of order, as for conduct, prescribed by authority; a governing direction or law”. On the basis of these definitions can say that regulation is designed to control or govern conduct Hence, when we are discussing regulations relating to financial accounting, we are discussing rules that have been developed by an independent authoritative body that has been given the power to govern how we are to prepare financial statements, and the actions of the authoritative body will have the effect of restricting the accounting options that would otherwise be to an organisation. ‘Free Market’ perspective Accounting information should be treated like other goods, with demand and supply forces allowed to operate to generate an optimal supply. Arguments supporting ‘free – market’ perspective Private economic – based incentives ‘Market for managers’ ‘Market for corporate takeovers’ ‘Market for lemons’ Private economic – based...
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...Examining Government Regulations Anonymous HSM/210 Examining Government Regulations The target population I will be examining is the elderly, the first issue is Ozone standards. Based on extensive scientific evidence about ozone's effects the EPA proposed to strengthen the National Ambient Air Quality Standards. This will improve public health protection especially for children and the elderly. The updates also will improve protection for trees, plants and ecosystems. The second regulation to examine is on (CCRC) Continuing Care Retirement Communities. A. CCAC as a Surrogate for Regulation, B. Benefits of Government Regulation, C. Drawbacks of Government Regulation. Continuing Care Retirement Communities are the best option for the elderly and long-term care. They are known for the strategy of having different levels of care in the community setting and the way they provide cost effective care. As they continue to grow and lose the bad reputation for being financially unstable more of our elderly are finding this option attractive. However not all of the elderly population can afford this option, because the cost is too high. The problem has drawn attention from in and outside the industry who want to make CCRC affordable to more of the elderly population. It is well-documented that America's older population is rapidly expanding. "Between 1990 and 2130 the elderly population is expected to double to 65 million people" (DHHS, 1992). As the...
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...1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? The subject of immigration is well known among students, workers, and employers, and in fact, to most everyone residing within the United States. For me, this topic is especially significant as I myself was once a foreign student who went through the immigration process. However, from the promulgation of the first immigration law in the 1950s, these laws have evolved and have affected all individuals in one way or another. In 2000, a proposal for immigration reform was brought to Congress due to the shortages of workers in the food industry (Robin, 2000). Immigration laws have changed several times since then. What is the relation between the 2000 and 2008 laws? In February 2008, the Department of Homeland Security proposed amendments to its immigration regulations. More specifically, The U.S. Citizenship and Immigration Services and U.S. Customs and Border Protection presented a proposal affecting all H-2A nonimmigrant workers. Businesses in particular needed to understand what was changing and how it affected them and their employees. 2. Describe the proposal/change. The proposal offered various new regulations and limitations imposed on U.S. employers and H-2A nonimmigrant workers. Some of the proposed changes included the limitations...
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...Health Law and Regulations Governmental Regulatory Agencies HCS/545 December 16, 2013 Governmental Regulatory Agencies A regulatory agency is a government body formed or mandated under the term of a legislative act to ensure compliance with the provisions of the act, and in carrying out its purpose. “The role of government regulator agencies in health care is to monitor health care practitioners and facilities, provide information about industry changes, promote safety and ensure a legal compliance and quality services” (2013). Health care industry rules and regulations are determined by regulatory agencies, local, federal and state with mandatory oversight. Accreditation agencies require participation that is voluntary because certification of quality provides important ranking. Large private organization and the government help develop and enforce health care regulations. Role Governmental regulatory agencies in health care are the “Food and Drug Administration (FDA), The Agency for Healthcare Research & Quality (AHRQ), The Centers for Medicare & Medicaid Services (CMS), The Centers for Disease Control and Prevention (CDC), and The...
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...Javontae Peet Administrative Regulations assign. Legal, Political and Ethical Dimensions Professor Cary Sliverstein July 18, 2011 Administrative Regulations Assignment (1)The administrative agency in which I choose to use is the Small Business Administration (SBA). The reason why this agency and the proposed regulation are interests of mine is due to me working towards owing my own business in the future. The way this regulation that has been proposed may affect me, is by my company attempting to lend funds for expanding the business in the future. (2)The proposed rule made by the Small Business Administration is on Business Loan Programs and Lender Examination and Review Fees. This proposed rule is geared towards a recent amendment to the Small Business Act authorizing the Small Business Administration to assess fees to lenders participating in SBA's 7(a) loan guarantee program to cover the costs of examinations, reviews, and other Lender Oversight activities. (3)In my public comment I would propose that the loan guarantee program should cover the costs of examinations, reviews, and other Lender Oversight activities. (4)The Comments for the Business Loan Programs and Lender Examination and Review Fees regulation deadline was scheduled for November the 9, 2006. (5)(a)I could not submit my comments due the comment window being close. (b)Although I am in favor...
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...AEM 3310 Introduction to Business Regulation Final KEY May 13, 2015 NAME: _______________________________________ Please write all answers on this sheet. If you run out of space please continue on the back, being certain to identify the question number with each answer. By completing this exam you are pledging to abide by the Cornell Code of Academic Integrity. DEFINITIONS (please be sure to note the class context of each term, e.g., communication regulation and identify the applicable regulations if relevant) (5 points each) 1. Accredited Investor Under the JOBS Act individuals meeting certain income/net worth requirements are permitted to invest specified portions in JOBS Act-related IPOs. 2. Warning Letter Correspondence from the FDA advising a firm of a violation of the Federal Food, Drug and Cosmetic Act detected during an inspection or investigation. 3. MSA Metropolitan Statistical Area – urban areas as defined by the Census office – often used to define local markets for antitrust enforcement 4. Blue Sky Laws State level laws which controlled the offering and sales of securities prior to federal regulation. SHORT ANSWER (10 POINTS EACH) 5. While most regulations we examined fit specifically into a single category like consumer products and food safety, environment, communications or financial, at least one crosses categories. Please identify one by name, specifying the two categories it intersects with. Consumer Financial...
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...Post Crises reforms and regulations The global financial crises displayed various weaknesses in the financial system. Ever since the crises, there have been sincere efforts in trying to eliminate or reduce the chances and impact of a future crisis. Four main areas of reform were identified by the international policy makers and sufficient work has been done to implement them (The Regulatory Response to the Global Financial Crises, 2014). Although Australia has not been affected as much as the north Atlantic countries, it still operates in the global environment. A part of regulatory reforms includes managing and monitoring systemic risk. Australia has been trying to do that through various entities such as the RBA, APRA and ASIC. Australia has also implemented reforms related to derivative trading, which are being traded more and more despite their high level of risk. Even though the reforms and regulations that were and going to be implemented, improved the safety of the financial system, there will never be a one hundred percent guarantee that there will be no future crisis. The G20 summit in 2008 was different from the prior summits in that it constituted of the leaders of the countries instead of Finance Ministers and Bank Governors (RBA, 2012). The leaders agreed on four areas of reforms which are: Strengthening Prudential Regulatory Standards (Basel III), addressing too big to fail institutions, reforms to OTC derivatives market and shadow banking. The entities...
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...1. The administrative agencies that control this regulation: The Department of Defense, the General Services Administration, and the National Aeronautics and Space Administration and subsequently, the Small Business Administration. This regulation would affect me as a small business owner because it would change the way all levels of government do business with privately -held small businesses, such as mine. 2. This is a proposal to amend the Federal Acquisition Regulation (FAR) to include government-wide, standardized past performance evaluation factors and ratings categories, and that this past performance information be entered into the Contractor Performance Assessment Reporting System (CPARS). 3. My comment: While I concur that the FAR should be amended in this way, I believe that the current proposal is too vague to be effective. Standardizations tend to group things into categories that are either “black” or “white”, causing a great injustice to those who would only fit in areas of “gray”. Therefore, I suggest a thorough investigation into the actual effects that the proposal would have on all businesses- large and small, experienced and novel, old and new, etc. I also believe this proposal should not be enacted until real evidence, showing complete equality and fairness among all businesses, is presented to and reviewed by the public. 4. This expires on November 5, 2012 5. A. Based on the Administrative Procedure Act of 1946, if I choose, I would...
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