Exam 17: Sustainability and Management Accounting

Unfortunately,because the costs of climate change cannot be classified easily into the current five tiers of environmental costs many firms may find it difficult to reduce these costs.

How does environmental management accounting (EMA)differ from traditional management accounting?

Which of the following is not a good reason for adding a sustainability perspective on the BSC?

Which of the following environmental issues need to be accounted for in decision making?

Environmental management accounting can be further classified into financial,physical and social.

Which of the following costs is included in the five tiers of environmental costs?

The 'inside-out approach' of measuring sustainability performance refers to:

While environmental management accounting (EMA)imposes costs on firms,there are significant benefits.These benefits include:

Which of the following statements about environmental management accounting (EMA)is incorrect?

Under ISO14031,which of the following is a management performance indicator?

In terms of the 'quality' framework,which of the following would be classified as a cost of external failure activities?

From the following list of management accounting techniques and/or frameworks,which of them are employed to measure and analyse environmental costs? i.Activity-based costing ii.Just-in-time inventory systems iii.Quality framework iv.Life-cycle costing v.Customer profitability analysis

Which of the following reasons,explaining the difficulty of reporting,is peculiar to environmental and social impacts? (In other words,which of the explanations is an issue relating to environmental and social costs,but not related to other costing issues faced by firms?)

Which of the following management accounting techniques are likely to be employed for decision making in an environmental management accounting system? i.Capital investment decisions ii.Business process re-engineering iii.Service department allocations iv.Balanced scorecard v.Make and buy decisions

How do environmental issues relate to the strategic decisions of the firm?

From the following list of costs,calculate the amount of hidden environmental costs.

Which of the following would not be classified as environmentally induced revenues?

Sustainability costs essentially consist of those costs that can be measured,like costs to minimise gas emissions,and costs that are forgotten such as costs to customers of disposing of unwanted packaging.

The international standard of environmental performance indicators include:

An example of a contingent environmental cost is: