Question 1 You run a company that operates and maintains nuclear power plants for generation of electricity You have realised that the highly risky nature of a nuclear power plant operation makes the industry very competitive and costly to maintain. You knew three of your nuclear power plants required reactor core replacement due to faulty components. You were notified by your technicians that imm replacements are needed to prevent a possible nuclear reactor core melt. res were mostly focused on the acquisition of investment However, your recent capital expenditures were mostly focused on the aca properties geared towards the realisation of higher net profit mare was delayed for additional six months which was convenient for the firm of the nuclear reactor core was delayed for additional six months as the next Inspections for these facilities were due in nine months' time Two of the faulty nuclear reactor cores melted and led to the release of substantive radioactive Isotopes atmosphere before adequate containment procedures could be implemented. While one of the nuclear power plants with faulty nuclear reactor core is located in a less densely populated region, the other is in densely populated region. In the densely populated region, radiation poisoning has been noted with 20 officially reported cases so far. Additional significant environmental damages have not been documented by the Environmental Protection Agency who are yet to finalise its report on the nature and extent of environmental damages caused by the radioactive isotopes. Currently, it is uncertain the legal ramifications the firm is likely to face and the associated compensation which must be paid to injured parties. Given the nature of the damage caused, the firm would have a substantial liability to pay. Given the resulting consequences, do you think reducing nature to a number is beneficial to the environment and accounting? Discuss giving consideration to at least 2 cases and relating them to your business. Your answer needs to be in your own words and correctly referenced to receive full marks (500 words)