Cook the turkey bacon in a skillet over medium heat until crispy, then set aside.
In the same skillet, add olive oil and sauté the rice for 2 minutes.
Add the chicken broth, garlic powder, onion powder, salt, and pepper. Bring to a boil.
Reduce heat to low, cover, and simmer for 20 minutes.
Stir in the cheese and chopped green onions, and crumble the turkey bacon on top.
Serve hot and enjoy!
