The Ethics in Government Act of 1978 requires senior officials to file public reports of their finances and other interests. This requirement is called:

• A. Financial Disclosure
• B. Ethics Compliance Reporting
• C. Public Interest Records
• D. Financial Disclosure Statements

Answer: (A)

Financial disclosure is the requirement. The Ethics in Government Act of 1978 establishes that senior officials must publicly report their finances and other interests to promote transparency and prevent conflicts of interest. The reports cover assets, liabilities, income, gifts, and outside employment, and they’re made public for accountability. The other terms aren’t the standard label used for this requirement, and while “financial disclosure statements” could describe the documents, the commonly used term defined by the Act is financial disclosure.