The US Small Business Administration Issues a New Regulation That Will

question 6

Multiple Choice

The U.S. Small Business Administration issues a new regulation that will have a significant impact on a substantial number of small businesses. Under the Regulatory Flexibility Act, the agency must do all of the following except

• A)measure the cost that the rule will impose on small businesses.
• B)consider less burdensome alternatives.
• C)alert small businesses about forthcoming regulations.
• D)adjust the rule to the satisfaction of the regulated businesses.

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Definitions:

Indirect Cost

A type of expense not directly attributable to a specific cost object, such as a product or project, and often includes administrative expenses, utilities, and security costs.

Supervisor Salary

The compensation, including wages and benefits, given to an individual who oversees and directs the work of others.

Scooter Assembly

The process of putting together the various components of a scooter to make it ready for sale or use.

Assembly Worker

An individual employed to construct various components into a final product in a manufacturing process.