GREEEN ACCOUNTING

Green Accounting is also known as

• Forensic Accounting

• Resource Accounting

• Cost accounting

A method for evaluating the environmental impacts of a product or service throughout its entire life cycle, from raw material extraction to disposal

• Life Cycle Assessment

• Environmental Management System

• Environmental Performance Indicators

An accounting approach that include both the direct costs and indirect costs of business activities

• Corporate Accounting

  
  

• Financial Accounting

  
  

• Full Cost Accounting

  
  

Metrics used to track and report on environmental performance such as green house gas emissions, energy consumption and water use

• Environmental Performance Indicators

• Environmental Management System(EMS)

• Environmental Reporting and Disclosure

Green accounting takes into consideration environmental resources and changes in them

• True

• False

Which among the following is not the importance of green accounting?

• Provides a linkage

• Provides user information

• Analysing Evidence

Green Accounting dosen't provides a linkage between physical resource accounts and monetary environmental accounts

• True

• False

Green Accounting leads to accurate costing and pricing of products and services

• True

• False

There is a standard accounting method for green accounting

• False

• True

A systematic review of an organisation's environmental performance to identify areas for improvement and compliance with environmental regulations

• Tax Auditing

• Environmental Auditing

• Cost Auditing