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

question 65

Multiple Choice

In the context of greenhouse gas emission,the GHG protocol initiative defines levels of scope.This level refers to emissions from GHG sources that are owned or controlled by the reporting entity.

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

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Definitions:

Profit

The financial gain made in a transaction or operation, calculated as total revenue minus total costs.

Total Variable Costs

The complete costs that vary with output level, such as materials and labor, in the production process.

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit.

Total Variable Cost

The sum of all costs that vary with output level, including costs of labor, materials, and other inputs that change with the level of production.