Which of the Following Is Not True About the Clean

question 26

Multiple Choice

Which of the following is not true about the Clean Water Act?

• A) Primary enforcement responsibility is with the federal government.
• B) The EPA issues permits allowing persons to discharge water pollutants.
• C) The act has water quality standards that determine which bodies of water can be used for drinking water.
• D) New point sources are required to use best available control technology.

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Definitions:

Variable Expenses

Costs that change in proportion to the activity or volume of operations in a business, such as raw materials and labor costs.

Fixed Expenses

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums.

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.

Margin of Safety Percentage

A financial ratio indicating the difference between actual sales and break-even sales, used to determine the risk of incurring a loss.