In the Context of Greenhouse Gas Emission,the GHG Protocol Initiative

question 81

Multiple Choice

In the context of greenhouse gas emission,the GHG protocol initiative defines levels of scope.This level refers to indirect emissions from grid-sourced electricity and other utility services of heat,steam and cooling.

• A)Scope 1
• B)Scope 2
• C)Scope 3
• D)Scope 4

Evaluate make-or-buy, continue-or-discontinue, and other operational decisions using incremental analysis.

Apply the principles of incremental analysis to special order decisions.

Assess the financial impact of outsourcing production versus manufacturing in-house.

Calculate the incremental income or loss from further processing decisions.

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Definitions:

Target Costing

A method of price setting that combines market-based pricing with a cost-reduction emphasis; the target cost is the expected selling price less the desired profit.

Marketplace

A platform or environment where buyers and sellers engage in exchange of goods and services. It can be physical or digital.

Target Cost

A pricing strategy in which a company sets a cost for a product and works backwards to achieve that cost through design and manufacturing improvements.

Profit Margin

The ratio of operating income to sales.