Difference between revisions of "Extended producer responsibility laws"

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(Created page with "Equivalent units are express the amount of work done during a period in terms of fully completed units of output. ==Definitions== According to Managerial Accounting by...")
 
 
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[[Equivalent units]] are express the amount of work done during a period in terms of fully completed units of output.
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[[Extended producer responsibility laws]] ([[EPR laws]]) are laws that require product manufacturers to "take back" a large percentage of the products they manufacture at the end of the product's life in order to reduce the amount of waste ending up in landfills and the environment.
  
 
==Definitions==
 
==Definitions==
 
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
 
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
:[[Equivalent units]]. Express the amount of work done during a period in terms of fully completed units of output.
+
:[[Extended producer responsibility laws]] ([[EPR laws]]). Laws that require product manufacturers to "take back" a large percentage of the products they manufacture at the end of the product's life in order to reduce the amount of waste ending up in landfills and the environment.
  
 
[[Category: Accounting]][[Category:Articles]]
 
[[Category: Accounting]][[Category:Articles]]

Latest revision as of 10:45, 15 July 2020

Extended producer responsibility laws (EPR laws) are laws that require product manufacturers to "take back" a large percentage of the products they manufacture at the end of the product's life in order to reduce the amount of waste ending up in landfills and the environment.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Extended producer responsibility laws (EPR laws). Laws that require product manufacturers to "take back" a large percentage of the products they manufacture at the end of the product's life in order to reduce the amount of waste ending up in landfills and the environment.