After Notice-And-Comment Rulemaking,the U

question 7

Multiple Choice

After notice-and-comment rulemaking,the U.S.Bureau of Land Management (BLM) issues a new rule and applies it to Clearcut Timber Company.Clearcut appeals the application to a federal court.The court will most likely defer to the BLM's interpretation of

• A)the facts and the law.
• B)the agency's authority.
• C)procedural requirements.
• D)the Constitution.

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Definitions:

Cash Disbursements

Refers to the outflow of cash to pay for expenses or investments made by a company or individual.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.

Budgeted Sales

Budgeted sales are the projected amounts of revenue a company anticipates earning from the sale of goods or services during a specific period, forming a key part of financial planning.

Customer Amounts

Sums of money owed by customers to a business, typically arising from the purchase of goods or services on credit.