What is an environmental cost


Questions:

1. What is ecoefficiency?

2. What are the four objectives associated with ecoefficiency?

3. Describe the four opportunities for improving ecoefficiency.

4. What is an environmental cost?

5. What are the four categories of environmental costs? Define each category.

6. What is the difference between a realized external failure cost (environmental) and an unrealized external failure (societal) cost?

7. What does full environmental costing mean? Full private costing?

8. What information is communicated by the unit environmental cost of a product?

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Accounting Basics: What is an environmental cost
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