Which of the following represents the environmental management accounting response to product costing,as compared with the traditional view on recording environmental costs?

Question

Quizplus · Accepted Answer

The environmental management accounting response to product costing involves tracing environmental costs to individual products or processes causing the costs, whereas the traditional view does not explicitly record environmental costs in the accounts or spreads them across all processes and production. Option A is not entirely accurate as environmental costs should only be allocated to products or processes that are causing them. Option D is incorrect as environmental costs can be included in product costs if they are causally linked to the production of the product.

Which of the Following Represents the Environmental Management Accounting Response