Which of the Following Is a Drawback of the Clean

question 25

Multiple Choice

Which of the following is a drawback of the Clean Water Act?

• A)Its regulation of point sources leaves many pollutants unmonitored.
• B)Its goals do not include achieving water quality sufficient for the protection and propagation of fish.
• C)Its jurisdiction on navigable waters is limited to monitoring the discharge of pollutants into the water bodies.
• D)Its enforcement is the sole responsibility of the federal government and thus the act is partially enforceable.

---

Definitions:

Straight-Line Method

A method of calculating the depreciation of an asset, which spreads the cost evenly over its useful life.

Consolidated Retained Earnings

The accumulated earnings of a parent company and its subsidiaries after dividends are paid, as presented in consolidated financial statements.

Cost Method

An accounting methodology where investments are recorded at their original purchase cost without adjusting for market changes.

Business Combination

Occurs when one company acquires control over another, resulting in the merging of assets, liabilities, and operations into a single entity.