According to the Newly Established GHG Regulations, New or Modified

question 16

Multiple Choice

According to the newly established GHG regulations, new or modified stationary sources of GHGs

• A) would immediately face stringent emissions limits, regardless of their contribution to GHG emissions
• B) would be subject to the New Source Review requirements
• C) are required to eliminate all GHG emissions
• D) none of the above

---

Definitions:

Temporary Investments

Short-term investments that a company plans to convert into cash within a short period, typically one year or less.

Remote Contingent Liability

A potential financial obligation that is considered to be unlikely to occur; it is noted in financial statements as a footnote to provide full disclosure.

Accrual

A method of accounting that recognizes revenue and expenses when they are incurred, regardless of when cash transactions occur.

Disclosure

Disclosure involves the act of making new or important information known, especially about the financial or operational state of a company.