An Integrated Approach to Waste Management Strives to Divert as Much

question 19

Multiple Choice

An integrated approach to waste management strives to divert as much waste as possible away from disposal through ________.

• A) refrain, reduce, reuse, recycle
• B) reuse, recycle, recover, restrain
• C) reduction, reuse, recycling, recovery
• D) Both a and c

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Definitions:

Inventory

The raw materials, work-in-progress goods, and completely finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Net Realizable Value

The estimated selling price of goods minus the costs of their sale or disposal, used in inventory valuation and accounts receivable.

Write-Down

A reduction in the book value of an asset when its market price falls below its carrying value on the balance sheet.

Gross Profit

The difference between revenue and the cost of goods sold, representing the basic profitability of the products or services sold by a company.