Instead of valuing natural capital, current financial and accounting models treat essential natural components such as water and air quality as ______ when accounting for profits and losses.
A)free
B)long-term depreciation
C)short-term depreciation
D)contingent valuation

Question

Quizplus · Accepted Answer

Valuing natural capital as "free" is the most common practice among financial and accounting models, which means the natural components are not assigned any monetary value and are not considered as assets or liabilities.

Instead of Valuing Natural Capital, Current Financial and Accounting Models