A(n)________ Rule Is a Rule That Does Not Create Any

question 12

Multiple Choice

A(n) ________ rule is a rule that does not create any new rights or duties but is merely a detailed statement of an administrative agency's interpretation of an existing law.

• A)quasi-judicial
• B)political affiliation
• C)foundational
• D)interpretative
• E)quasi-legislative

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Definitions:

Incremental Cost Approach

A decision-making process that focuses on the costs that will change if an action is taken, compared to if it is not taken.

Discount Rate

The interest rate used to discount future cash flows to their present value in capital budgeting projects.

Salvage Value

The projected amount an asset is expected to yield upon being sold at the conclusion of its usable lifespan.

Overhaul Costs

Expenses associated with major repairs or the restoration of equipment to ensure it operates efficiently.