What is the "Code of Federal Regulations" (CFR)?

The "Code of Federal Regulations" (CFR) is accurately described as a compilation of administrative procedures used by U.S. federal agencies. It organizes and presents the rules and regulations created by these agencies, which are responsible for enforcing laws passed by Congress. The CFR is comprehensive and serves as an essential resource for understanding the specific administrative policies and procedures that govern various areas of federal activity.

This compilation is divided into 50 titles, which represent broad subject areas such as labor, public health, and financial regulations. Each title is further divided into chapters, parts, and sections, making it easier for individuals and organizations to navigate and locate regulatory information relevant to their interests or operations.

The other options do not accurately represent the CFR's purpose or content. The national standards for financial compliance and corporate governance focus on very specific areas that do not encompass the broader scope of administrative procedures covered by the CFR. Additionally, international trade regulations are not included in the CFR’s administrative structure, as it primarily pertains to U.S. federal regulations.