An Organization Decides to Rid Itself of Contaminated Waste by Dumping

question 21

Multiple Choice

An organization decides to rid itself of contaminated waste by dumping it into a river.If this dumping renders the river toxic and unusable for drinking water,fishing,or recreation,the entity would be considered ________.

• A)contaminated
• B)responsible
• C)acceptable
• D)unsustainable
• E)sustainable

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Definitions:

Consolidated Assets

The total assets of a parent company and its subsidiaries, combined into one financial statement as if they were a single entity.

Asset Test

A measure of a company's liquidity, calculated by comparing its most liquid assets to its current liabilities.

Operating Segments

Components of an enterprise that engage in business activities from which it may earn revenues and incur expenses, whose operating results are reviewed regularly by the enterprise's chief operating decision maker.

Reportable

Refers to information or events that must be disclosed or reported to regulatory authorities or in financial statements according to legal or regulatory requirements.