Two Laws That Have Played an Important Role in Opening

question 30

Multiple Choice

Two laws that have played an important role in opening the bureaucratic process to interest group influence are the

• A)1995 Lobbying Disclosure Act and the Negotiated Rulemaking Act of 1990.
• B)Negotiated Rulemaking Act of 1990 and the Administrative Procedure Act of 1946.
• C)1946 Federal Regulation of Lobbying Act and the 1995 Lobbying Disclosure Act.
• D)1946 Federal Regulation of Lobbying Act and the Administrative Procedure Act of 1946.

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Definitions:

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual units of production, based on estimated costs rather than actual costs.

Volume Variance

A measurement of the difference between the actual production volume and the expected (or budgeted) production volume, affecting the costs incurred.

Variable Component

A cost associated with the production of goods or services that varies with the level of output or sales.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to apply manufacturing overhead costs to products by estimating fixed and variable manufacturing overhead costs for the coming period.