An Example of a Market-Based Incentive for Environmental Protection Would

question 30

Multiple Choice

An example of a market-based incentive for environmental protection would be

• A) Rigid laws outlawing pollution production
• B) Fees placed on certain types or volumes of a pollutant
• C) Fees charged to inventors of new control technologies
• D) Setting prices for pollution according to consumer demand
• E) All of these are examples of market-based incentives for environmental protection

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Definitions:

Unqualified Audit Report

An auditor's report that is issued when an auditor determines that all of the financial records provided by a company are free of material misstatement, indicating a clean bill of health.

Financial Leases

Covers the entire expected life of the equipment; does not provide for maintenance service, is not cancellable, and is fully amortized.

NPV

Net Present Value; a calculation used to determine the value of a project or investment by discounting future cash flows to the present.

NAL

NAL, or Net Advantage to Leasing, is a calculation used to determine the financial benefits, if any, of leasing an asset compared to purchasing it outright.