Which Is Not a Limitation Concerning Administrative Rulemaking

question 20

Multiple Choice

Which is not a limitation concerning administrative rulemaking?

• A)Rules are typically written by departmental insiders.
• B)Rules cannot cover every situation.
• C)Complex rules create uncertainty for the officer.
• D)Formal rules may encourage evasion.

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Definitions:

Historical Standard Deviation

A statistical measure that quantifies the variability or dispersion of a set of past data points.

Small Stocks

Shares of relatively small companies, which may offer higher growth potential but also come with higher risk.

Long-Term Bonds

Debt securities with a maturity period typically longer than 10 years, offering the holder a fixed or variable interest rate.

Historical Return

Refers to the past performance of an investment or an index, usually expressed as a percentage change from the initial investment.