Which of the Following Policies Were Sought by President Obama

question 17

Multiple Choice

Which of the following policies were sought by President Obama during his presidency?

• A) forcing a strict emissions trading system on all U.S. companies
• B) establishing higher efficiency standards for vehicles
• C) relaxing the Stream Protection Rule
• D) seeking more cooperative regulation

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Definitions:

Posting Reference Columns

Columns in a journal entry that help in transferring information to, and tracking from, the corresponding ledger accounts for audit trail purposes.

Ledger

A comprehensive collection of a company’s final financial accounts, including assets, liabilities, equity, revenue, and expenses.

Journal

A detailed record where all financial transactions of a business are initially recorded, listed in chronological order.

Chart of Accounts

A systematic list of accounts that a company uses for the organization of its financial transactions and to prepare financial statements.