Which of the Following Statements Is False

question 51

Multiple Choice

Which of the following statements is false?

• A) Hazardous waste includes toxic air pollution.
• B) Under the National Environmental Policy Act,an environmental impact statement is required only for actions of the federal government.
• C) The EPA has established national standards for drinking water.
• D) In determining safe levels of toxic air pollutants,neither the cost nor technology is considered.
• E) Both states and private parties may be reimbursed from the Superfund.

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Definitions:

Cash

Money in the form of currency, which includes bills and coins, used as a medium of exchange.

Supplies

Items that are consumed during the operation of a business, such as office supplies, which are essential for day-to-day activities but not directly tied to the product being sold.

Accounts Payable

A liability account that records amounts a company owes to suppliers for goods or services purchased on credit.

Withdrawals

Amounts of money taken out from a business by its owner(s) for personal use, not considered business expenses.