Which of the Following Is the Definition of Regulations

question 52

Multiple Choice

Which of the following is the definition of regulations?

• A) guidelines issued by federal agencies for administering federal programs and implementing federal law.
• B) the system of rules that guide how a law is implemented; also called the rule-making process.
• C) the process by which bureaucracies initiate policy implementation.
• D) the spending and taxation decisions made by government.
• E) bureaucratic decisions designed to ensure tariffs are relatively equal in nations that trade with each other.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Spreadsheet

A digital tool that allows for the arrangement of data in rows and columns to facilitate calculation, analysis, and storage of information.

Labor Intensive

Describes a process or industry that requires a large amount of human labor to produce its goods or services.

Machine Intensive

Describes a production process or industry that relies heavily on machinery and equipment for manufacturing goods, typically resulting in higher fixed costs.