Even Though the Purchase of a New, More Efficient Car

question 13

Multiple Choice

Even though the purchase of a new, more efficient car could save a consumer money in the medium to long run, consumers have shown reluctance to make the investment and this is called the

• A) behavioral economics.
• B) energy efficiency gap.
• C) rebound effect.
• D) discount rate.

---

Definitions:

Sarbanes-Oxley Act

A federal law in the United States enacted to protect investors by improving the accuracy and reliability of corporate disclosures.

Committee of Sponsoring Organizations

A voluntary private sector organization dedicated to providing guidance on risk management, governance, and internal control frameworks.

Cash Over

A situation where the amount of cash on hand is greater than the expected amount, indicating possible errors or oversight.

Cash Short

A situation where the actual cash on hand is less than the expected amount, often due to errors or theft.