The size standard for small business used in this course would exclude firms that have more than 100 employees.

The size standard for small business used in this course would exclude firms that have more than 100 employees.

• A. It excludes firms with more than 50 employees
• B. It excludes firms with more than 500 employees
• C. It excludes firms with more than 200 employees
• D. It excludes firms with more than 100 employees

Answer: (D)

In this course, a small business is defined by a size cutoff: firms with up to 100 employees are considered small. So the standard is to exclude firms that have more than 100 employees. That exact phrasing matches the rule described in the material. Other cutoffs (like excluding firms with more than 50, 200, or 500 employees) don’t align with the stated rule, which is why they don’t fit the standard used here.

In this course, a small business is defined by a size cutoff: firms with up to 100 employees are considered small. So the standard is to exclude firms that have more than 100 employees. That exact phrasing matches the rule described in the material.

Other cutoffs (like excluding firms with more than 50, 200, or 500 employees) don’t align with the stated rule, which is why they don’t fit the standard used here.