which statement about business regulations is accurate?\no small businesses are only obligated to follow…

which statement about business regulations is accurate?\no small businesses are only obligated to follow local regulations.\no government - based businesses are required to apply federal regulations.\no high - profit businesses focus on meeting state regulations annually.\no all businesses are subject to local, state, and federal regulations.

which statement about business regulations is accurate?\no small businesses are only obligated to follow local regulations.\no government - based businesses are required to apply federal regulations.\no high - profit businesses focus on meeting state regulations annually.\no all businesses are subject to local, state, and federal regulations.

Answer

Brief Explanations:

Businesses, regardless of size or profit - level, are generally subject to local, state, and federal regulations. Small businesses are not only obligated to follow local regulations. Government - based businesses also follow multiple levels of regulations, not just federal. High - profit businesses must meet all levels of regulations, not just state ones annually.

Answer:

D. All businesses are subject to local, state, and federal regulations.