Which Strategy Should Be Given the Highest Priority in a Low-Waste

question 24

Multiple Choice

Which strategy should be given the highest priority in a low-waste approach? 

• A) recycle the waste 
• B) reduce the waste 
• C) bury the waste 
• D) incinerate the waste

---

Definitions:

Invoice Discount

A reduction in the billed price granted to customers, often used as an incentive for early payment.

Credit Terms

The agreement between a buyer and a seller that outlines the payment terms for goods or services, including the due date and any interest or penalties for late payment.

FOB Shipping Point

A term indicating that the buyer assumes responsibility for the goods and shipping costs once the goods leave the seller's premises.

Perpetual Inventory

An inventory management system where updates are made continuously to reflect items added or sold, providing a real-time view of inventory levels.