Red Flag Rules - Identity Theft Prevention

5 Questions | Total Attempts: 96

SettingsSettingsSettings
Identity Quizzes & Trivia

Please answer each question. A score of 80% is requied.


Questions and Answers
  • 1. 
    PAR has developed an Identity Theft Prevention Program to comply with new federal regulations, known as the ______________, which are designed to prevent consumer identity theft.
    • A. 

      Identity Theft Busters

    • B. 

      Red Flag Rules

    • C. 

      Life Alert

    • D. 

      None of the above

  • 2. 
    It is PAR’s responsibility to monitor the Red Flag Rules but we do not have to report any of our findings.
    • A. 

      True

    • B. 

      False

  • 3. 
    The existence of a red flag does not necessarily mean that identity theft has occurred or is occurring just that there may be a possibility of identity theft.
    • A. 

      True

    • B. 

      False

  • 4. 
    Which of the following are Red Flags that PAR monitors:
    • A. 

      Alerts, notifications or other warnings received from consumer reporting agencies.

    • B. 

      Suspicious documents that you may receive from the dealer.

    • C. 

      Presentation of suspicious personally identifying information.

    • D. 

      Suspicious activity related to or the unusual use of an account.

    • E. 

      All of the above

  • 5. 
    PAR is required to file an annual reporting of our efforts in monitoring and addressing all possible cases of identity theft each year.
    • A. 

      True

    • B. 

      False

Back to Top Back to top