Heat olive oil in a skillet over medium-high heat. Add the flank steak and season with chili powder, cumin, garlic powder, onion powder, salt, and pepper. Cook until the steak is browned and cooked through, about 5-7 minutes.
In a bowl, layer the cooked rice, followed by the cooked steak, queso cheese sauce, black beans, corn, diced tomatoes, avocado, and chopped cilantro. Serve with lime wedges.
Notes
You can customize this bowl with your favorite toppings such as jalapeños or sour cream.