At the Beginning of the Year, Lombardi Company Initiated an Environmental

question 98

Multiple Choice

At the beginning of the year, Lombardi Company initiated an environmental cost reduction program. To help assess the impact of the environmental cost reduction improvement program, the following data was collected for the current and preceding year: For the current year, prevention costs are what percentage of operating costs?

• A) 0.10%
• B) 0.90%
• C) 1.10%
• D) 0.55%