An Administrative Regulation

question 5

Multiple Choice

An administrative regulation:

• A) is a guideline that may be voluntarily followed.
• B) has the force of law.
• C) is a suggestion of what will protect the environment.
• D) is a standard used to guide an industry at the industry's discretion.

---

Definitions:

Current Liabilities

Short-term financial obligations that are due to be paid within one year or within the business's operating cycle.