The Ocean Dumping Ban Act Was Passed by Congress Mainly

question 44

Multiple Choice

The Ocean Dumping Ban Act was passed by Congress mainly to control which of the following activities?

• A)Dumping of trash in the oceans.
• B)Dumping of sewage and industrial waste into ocean waters.
• C)Nonpoint pollution runoff from land into the oceans.
• D)Excessive dumping of bycatch by commercial fishing vessels close to the coasts.

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Definitions:

Equipment

Tangible assets used in operations, such as machinery, computers, and furniture, which are expected to be used over several years.

Note Payable

A written promise to pay a specific sum of money on a future date or dates, typically with interest.

Journal Entry

A record in accounting that notes the debit and credit effects of a financial transaction.

Truck Purchase

The acquisition of a truck, which is a capital investment and may be classified as a fixed asset on the balance sheet.