Which government agency establishes standards for small businesses?
A) Food and Drug Administration
B) Securities and Exchange Commission
C) Small Business Administration
D) Small Business Investment Company

Question

Quizplus · Accepted Answer

The Small Business Administration (SBA) establishes standards for small businesses, including size standards, which determine eligibility for government programs and contracts. The Food and Drug Administration (FDA) regulates food, drug, and cosmetic products. The Securities and Exchange Commission (SEC) regulates securities markets and protects investors. The Small Business Investment Company (SBIC) provides funding to small businesses through private investment funds.

Which Government Agency Establishes Standards for Small Businesses