False The reporting requirements in SARA Title III require many businesses to file annual reports listing the estimated quantities of both routine and accidental releases of listed toxic chemicals
<h3>What is
SARA Title III ?</h3>
Title III of the Superfund Amendments and Reauthorization Act (SARA), also known as the Emergency Planning and Community Right-to-Know Act (EPCRA), requires states and local governments to establish local chemical emergency preparedness programs for their communities.
Title III of SARA is the Emergency Planning and Community Right-to-Know Act (SARA Title III) (EPCRA). SARA Title III mandates emergency planning and Community Right-to-Know reporting on hazardous and toxic chemicals for federal, state, and local governments, Indian tribes, and industry.
On October 17, 1986, the Superfund Amendments and Reauthorization Act (SARA) amended the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA).
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Inductive reasoning
Inductive reasoning works by combining and synthesising different parts of information into a holistic form. This works because understanding only the parts would lessen the understanding of a concept whereas integration is more insightful.
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The United States government was correct in interfering with the growth of Standard Oil. Not only was the company taking advantage of existing situations, but eventually it would have controlled the oil market entirely. If Standard Oil was able to gain control of the market for a long period of time, consumers could have had to pay extremely high prices for the oil that they needed, limiting their purchase of other goods. Or Sample response: The United States government should not have interfered with the growth of Standard Oil. Because the company had managed to reduce production costs, it was able to offer very low prices to consumers. This benefited many Americans. Without the company's production benefits, citizens were not able to take advantage of this infrastructure.
Answer:
The correct answer is Option A.
DR Accumulated Depreciation – Equipment 48,000; DR Loss on Disposal of Plant Assets 72,000; CR Equipment 120,000
Explanation:
Obsolescence of an asset occurs when the value of an asset has reduced drastically due to radical technological innovation or there is now a better technique used in the production process that renders the old equipment worthless or less productive.
<em>Note that the proceed on the disposal is zero since the organization did not put up the asset for sale.</em>
I think your answer is life expectancy :)
hope this helps