Which of the Following Is a True Statement About the Clean

question 12

Multiple Choice

Which of the following is a true statement about the Clean Water Act?

• A) It was the 1970 amendment to the Federal Water Pollution Control Act (FWPCA).
• B) It provides that a discharge permit has to be obtained from the Army Corps of Engineers in order to deposit or discharge "refuse" into a navigable waterway.
• C) It had a goal to have no discharges of pollutants into the nation's waters by 1985.
• D) It provides the federal government with the primary responsibility for preventing, reducing, and eliminating water pollution.

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Definitions:

Weighted-Average Method

The weighted-average method is used in accounting to average cost flows for inventory valuation and cost of goods sold calculation, considering the weighted average of all units available for sale.

Process Costing System

An accounting methodology used to allocate costs to products that are similar and produced continuously.

Weighted-Average Method

An inventory costing method that averages the cost of goods available for sale, used to determine the cost of goods sold and ending inventory.

Mixing Department

A specific section within a manufacturing setup where materials are combined to produce a product.