Which act protects the privacy of background information and ensures its accuracy?

The Fair Credit Reporting Act (FCRA) is the correct answer because it specifically governs the collection, dissemination, and accuracy of consumer information, including background checks. This act ensures that individuals are protected from the misuse of their private information and mandates that credit reporting agencies report accurate information. Under the FCRA, individuals have the right to know what information is being reported about them and the ability to dispute inaccuracies, thereby safeguarding their privacy and ensuring that background information is reliable.

In contrast, the Fair and Accurate Credit Transactions Act focuses on preventing identity theft and promoting accuracy in consumer report information, but it does not primarily address background information privacy. The Family and Medical Leave Act provides job-protected leave for eligible employees, which is unrelated to privacy within background checks. Lastly, the Equal Pay Act addresses wage discrimination based on sex, rather than consumer information or privacy issues.