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a) Environmental costs are incurred in many organizations and as such, cnvironmental management accounting is an area that management accountants need to spend more time
a) Environmental costs are incurred in many organizations and as such, cnvironmental management accounting is an area that management accountants need to spend more time in collecting, measuring. analyzing, and reporting environmental costs. Discuss why environmental management accounting is getting more important nowadays and what are the four types of environmental costs that companies need to report on a regular basis. (15 marks) b) For companies to improve their business performance, one way is to benchmark their performance with another, Discuss the stages involved in benchmarking exercise and FOUR (4) advantages of benchmarking exercise. (10 marks) (Total: 25 marks)
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