Pay-As-You-Throw (PAYT) Programs, Also Known as Unit Pricing Schemes

question 31

Multiple Choice

Pay-as-you-throw (PAYT) programs, also known as unit pricing schemes,

• A) are uncommon in the United States
• B) lack incentives because they are strictly command-and-control in approach
• C) can be implemented using flat rate pricing or variable rate pricing
• D) none of the above

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Definitions:

10-Year Bond

A debt security issued by governments or corporations with a fixed interest rate and maturity of ten years.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Direct Method

In cash flow reporting, this accounting method lists major cash inflows and outflows directly, showing the exact sources and uses of cash during the reporting period.

Gain on Sale

The financial benefit realized when selling an asset for more than its book value or cost basis.