Hardy Makes Pesticides

question 245

Multiple Choice

Hardy makes pesticides. Run-off from its factory goes into gullies that run into Cane Creek, a trickle of water that rarely has fish in it and it is not used for recreation. Part of the year, the creek runs into a river. The outcome of EPA's regulation of Hardy's pollution would be:

• A) because the gullies and Cane Creek are not navigable waterways as required by the Clean Water Act, pollution into them does not fall under EPA jurisdiction
• B) because wastes are discharged into gullies that eventually run into a navigable waterway, the EPA has jurisdiction
• C) because the creek is not in constant connection to a navigable waterway, the EPA lacks jurisdiction
• D) if a waterway is not be navigable per se, it does not fall within the jurisdiction of Clean Water Act
• E) because the discharges are toxic, the emissions are under the 1990 Clean Air Act

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Definitions:

Recognized

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Customers

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Revenue Recognition Principle

An accounting standard requiring revenue to be recognized in the accounting period when it is earned and measurable.

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