To Enforce Environmental Protection Laws Is No Small or Easy

question 15

Multiple Choice

To enforce environmental protection laws is no small or easy matter.The enforcement usually involves

• A)primarily a private matter,but one where government agencies are empowered to enforce.
• B)requiring polluters to refrain from harmful activities,to remedy existing situations,and to pay for the costs of clean-up.
• C)situations where public authorities are over-zealous with a wide variety of enforcement mechanisms,which they apply abusively.
• D)the responsibility of corporations,since they are the major polluters.
• E)the common law tort of nuisance.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Certificates of Deposit

Time-bound deposit offered by banks that pays interest to the depositor, with withdrawal of funds before maturity generally incurring penalties.

Internal Control

A process designed to ensure the reliability of financial reporting, effectiveness and efficiency of operations, and compliance with applicable laws and regulations.

Petty Cash Vouchers

Documents used to manage and record small, usually incidental, expenses paid out in cash from a designated petty cash fund.