Under the Endangered Species Act,all Federal Agencies Must

question 32

Multiple Choice

Under the Endangered Species Act,all federal agencies must

• A)avoid the use of all chemicals until the EPA has determined they are safe.
• B)prepare an environmental impact statement for actions significantly affecting the environment.
• C)avoid damage to habitat critical to the survival of endangered species.
• D)All of these are correct.

Recognize the accounting treatment of acquired intangibles and goodwill.

Apply the appropriate amortization methods for intangible assets.

Identify and classify different types of intangible assets for financial accounting purposes.

Understand the GAAP requirements for disclosing research and development costs and amortization methods.