Which federal agency helps disaster victims replace U.S. Savings Bonds lost in a disaster?

Prepare for the Certified Healthcare Emergency Professional Exam. Study using flashcards and multiple choice questions with hints and explanations. Ensure your success on the exam!

Multiple Choice

Which federal agency helps disaster victims replace U.S. Savings Bonds lost in a disaster?

Explanation:
Saving bonds are government securities managed specifically by the Treasury’s Savings Bonds program. The agency responsible for issuing, tracking, and replacing U.S. Savings Bonds—especially when they’re lost or destroyed in a disaster—is the Bureau of the Public Debt. That unit handles the records and procedures needed to replace bonds, so victims would turn to it for a replacement. The other options don’t fit this particular task: the Treasury oversees the whole department, but does not handle individual bond replacements; the IRS deals with taxes; and FEMA provides general disaster aid rather than replacing financial securities.

Saving bonds are government securities managed specifically by the Treasury’s Savings Bonds program. The agency responsible for issuing, tracking, and replacing U.S. Savings Bonds—especially when they’re lost or destroyed in a disaster—is the Bureau of the Public Debt. That unit handles the records and procedures needed to replace bonds, so victims would turn to it for a replacement. The other options don’t fit this particular task: the Treasury oversees the whole department, but does not handle individual bond replacements; the IRS deals with taxes; and FEMA provides general disaster aid rather than replacing financial securities.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy