Pollution Charges Will Be Efficient If

question 121

Multiple Choice

Pollution charges will be efficient if

• A) the charge is just equal to the cost borne by others from the pollution.
• B) the charge is greater than the cost borne by others from the pollution.
• C) the charge is less than the cost borne by others from the pollution.
• D) none of the above.

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Definitions:

Purchases Discount

A reduction in the price paid for goods and services if payment is made within a certain period, often used to encourage early payment.

Cash Discounts

A reduction in the invoice amount by a seller to encourage early payment from the buyer, usually within a specified time frame.

Periodic Inventory

An inventory system where stock levels are checked and updated at regular, specified intervals.

Computerized Accounting Systems

Software applications designed to manage and automate financial transactions and records for businesses.