Which of the Following Is Not One of the Concerns

question 30

Multiple Choice

Which of the following is not one of the concerns politicians have to consider when attempting to pass regulations that seek to protect the environment?

• A) Compliance with environmental regulations can be very costly.
• B) Federal environmental standards are often set "too high."
• C) Who should bear the costs of providing environmental benefits?
• D) Scientific evidence can change,making some environmental regulations obsolete.
• E) Public opinion overwhelmingly favors economic interests over the environment.

---

Definitions:

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the owner's claim on the company's resources.

Non-posting Account

An account used in bookkeeping for recording transactions that will not affect the financial statements until a later transaction completes the process.

Purchase Orders Account

This refers to a specific ledger or account setup within an accounting system to track purchase orders issued to suppliers.

Income Statement

A financial statement that summarizes a company's revenues and expenses over a specific period, highlighting the net profit or loss.