Question
Which of the following statements best describes how regulatory agencies of the U.S. government are restricted in the adoption of specific regulations? Regulations must be
Which of the following statements best describes how regulatory agencies of the U.S. government are restricted in the adoption of specific regulations?
Regulations must be consistent with standards established in the legislation that created the agency.
The agency must first conduct a study showing that the benefits of a proposed regulation exceed the cost of enforcing the regulation.
Businesses that are subject to the regulation must be given notice at least one full year before the regulation will be put into effect.
The President of the United States must sign the regulation before it becomes effective.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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