__________ Is the Inefficiency and Waste That Result from Excessive

question 87

Multiple Choice

__________ is the inefficiency and waste that result from excessive regulation.

• A)politicization
• B)procedures
• C)red tape
• D)standards
• E)agency capture

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Definitions:

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers.

Discount

A reduction applied to the face value of a product, service, or security to encourage purchase or investment.

Net 60

A payment term indicating that payment is due 60 days after the invoice date.