Asked by
Kissha Candol
on Oct 23, 2024
Verified
Which of the following would be classified as Tier 2 environmental costs at Cormack Manufacturing?
A) Materials, packaging, direct labour
B) Packaging, direct labour, depreciation
C) Direct labour, waste, light and power
D) depreciation, direct labour, waste
Tier 2 Environmental Costs
The indirect costs associated with environmental impacts and resource use that are not directly tied to a company's operations, such as societal or external environmental costs.
Depreciation
A method of allocating the cost of a tangible asset over its useful life, reflecting the loss of value over time due to factors like age, wear and tear, or obsolescence.
- Recognize and divide multiple environmental liabilities according to the five phases of environmental costs and the protocol of the Global Reporting Initiative (GRI).
Verified Answer
SC
Learning Objectives
- Recognize and divide multiple environmental liabilities according to the five phases of environmental costs and the protocol of the Global Reporting Initiative (GRI).
Related questions
In Terms of the Five Tiers of Environmental Costs, Which ...
Which of the Following Costs Is Included in the Five ...
An Example of a Contingent Environmental Cost Is ...
Which of the Following Costs Is Included in the Five ...
Which of the Following Represents the Environmental Management Accounting Response ...