A difference between water accounting and greenhouse gas emissions accounting is:
A)The purpose of the Greenhouse Gas Protocol standards is to aid companies in their measuring and reporting decisions whereas the purpose of water accounting is to assist external decision makers in their decisions.
B)Water accounting is evidence of the pressure on governments to obtain data on scarce resources other than those traditionally captured by financial accounting whereas green house gas standards has a different motivation
C)Water accounting is based on generally accepted financial and accounting reporting principles whereas greenhouse gas accounting is not based on those principles
D)All are differences between water accounting and greenhouse gas emissions accounting

Question

Quizplus · Accepted Answer

The main difference between water accounting and greenhouse gas emissions accounting is their purpose. Water accounting is designed to assist external decision makers, such as governments and investors, in making informed decisions about water use and management. On the other hand, greenhouse gas emissions accounting, which follows the Greenhouse Gas Protocol standards, is intended to aid companies in measuring and reporting their emissions to stakeholders.

A Difference Between Water Accounting and Greenhouse Gas Emissions Accounting