The Management team of Waste Management also allegedly transferred the costs of unsuccessful efforts to obtain permits to other sites that had received permits or sites for which the company was still seeking permits. In effect, it was commingling impaired or abandoned landfill project costs with the costs of a permitted site (a practice known as “ basketing,” which did not comply with GAAP). In addition to basketing, the company also allegedly transferred unamortized costs from landfill facilities that had closed earlier than expected to other facilities that were still in operation (a practice known as “bundling,” which also did not comply with GAAP). Management never disclosed the use of bundling or basketing in its From 10-Ks.