Asked by
povanes ganesh
on Oct 23, 2024Verified
From the following list of environmental costs, which is the most difficult to include in an environmental management accounting system?
A) Costs on society generally, resulting from the firm's environmental breaches
B) Costs to pay for breaches of environmental rules
C) Costs to monitor the environmental impacts of the firm's actions
D) Environmental reporting costs
Environmental Management Accounting
The management of environmental and cost information to improve business decisions related to environmental performance.
Environmental Breaches
Instances where activities or actions violate environmental laws, regulations, or standards, potentially causing harm to the environment.
- Understand the concept and significance of environmental management accounting (EMA) and its difference from traditional management accounting.
- Identify and categorize different types of environmental costs according to the five tiers of environmental costs and the Global Reporting Initiative (GRI) framework.
Verified Answer
AW
Learning Objectives
- Understand the concept and significance of environmental management accounting (EMA) and its difference from traditional management accounting.
- Identify and categorize different types of environmental costs according to the five tiers of environmental costs and the Global Reporting Initiative (GRI) framework.
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