After a Final Rule Is Issued, an Administrative Agency Conducts

question 10

Multiple Choice

After a final rule is issued, an administrative agency conducts investigations to monitor

• A)consumer satisfaction with the rule.
• B)affected businesses' satisfaction with the rule.
• C)compliance with the rule.
• D)the impact of the rule on other administrative agencies.

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Definitions:

Sales Returns

Sales Returns represent the goods returned by customers to the seller, which leads to a reversal of sales revenue.

Quick Ratio

Quick Ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets.

Current Assets

Assets that will be used or turned into cash within one year.

Current Ratio

A financial metric that measures a company's ability to pay its short-term obligations with its short-term assets, calculated by dividing current assets by current liabilities.