All of the Following Are Effective Means of Regulating Fisheries

question 18

Multiple Choice

All of the following are effective means of regulating fisheries except:

• A) limiting the length of the fishing season.
• B) limiting the size of the boat.
• C) restricting the location of a legal catch.
• D) setting catch limits.
• E) setting gear limits.

---

Definitions:

Prepaid Insurance

Insurance premiums paid in advance by a company, which are recorded as an asset on the balance sheet until the coverage period lapses.

Asset Accounts

Accounts that represent resources owned or controlled by a company that have future economic value.

Accounts Payable

Financial obligations of a company towards creditors, resulting from goods and services acquired on a credit basis.

Unearned Revenue

Money received by a company for goods or services that have not yet been delivered or performed, considered a liability until the income is earned.