Why Did Congress Require the Environmental Protection Agency to Establish

question 7

Multiple Choice

Why did Congress require the Environmental Protection Agency to establish minimum drinking water standards?

• A)Long-term exposure to small amounts of chemicals was proven to be hazardous.
• B)Levels of contaminants in municipal drinking water systems rose to toxic levels.
• C)The long-term effects of small amounts of chemical contamination were unknown.
• D)Laboratory detection limits of common contaminants became much more sensitive.

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Definitions:

Units-Of-Output Method

A depreciation method where the expense is based on the actual output or usage of the asset, rather than the passage of time.

Double-Declining-Balance Method

A method of accelerated depreciation that doubles the straight-line depreciation rate, leading to higher depreciation expenses in the initial years of asset use.

Straight-Line Method

A method of allocating the cost of a tangible asset over its useful life in equal periodic amounts.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, making it the simplest form of depreciation.