Which of the Following Is True of U

question 45

Multiple Choice

Which of the following is true of U.S.efforts to curb greenhouse gas emissions?

• A) In 2009,EPA issued a rule requiring annual reports of greenhouse gas emissions by certain large sources,beginning in 2011.
• B) The House of Representatives established a cap and trade program-similar to the acid rain control program-for greenhouse gas emissions.
• C) The EPA is barred from taking any actions to deal with greenhouse gas emissions.
• D) The EPA introduced the "tailoring rule" that requires all sources to address their greenhouse gas emissions as they get permits.

---

Definitions:

Price-level Accounting

An accounting method that adjusts financial statements to reflect changes in the purchasing power of money due to inflation or deflation.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Long-term Investments

Investments made with the intention of holding them for an extended period, typically more than one year, such as bonds, stocks, or real estate.

Accounts Receivable

Funds that a company is yet to receive from its customers for products supplied or services rendered but haven't been paid for.