The correct answer is: B. environmental cost information
Environmental management accounting (EMA) is a subset of management accounting that focuses on the measurement, analysis, and reporting of environmental costs and benefits. EMA can be used to help organizations manage their environmental performance, comply with environmental regulations, and make more sustainable decisions.
Environmental costs can be direct or indirect. Direct environmental costs are those that can be easily attributed to specific environmental activities, such as the cost of waste disposal or the cost of pollution control equipment. Indirect environmental costs are those that are more difficult to attribute to specific environmental activities, such as the cost of employee health and safety or the cost of lost productivity due to environmental problems.
EMA can be used to track environmental costs over time, identify areas where costs can be reduced, and compare environmental costs across different organizations. EMA can also be used to develop environmental management strategies and to measure the effectiveness of those strategies.
Here is a brief explanation of each option:
- A. natural resources stock
Natural resources stock is the total amount of a natural resource that is available for use. EMA does not focus on natural resources stock, but rather on the costs and benefits associated with the use of natural resources. - C. environmental liability costs
Environmental liability costs are the costs that an organization may incur if it is found to be in violation of environmental regulations. EMA does not focus on environmental liability costs, but rather on the costs and benefits associated with environmental management. - D. none of the above
None of the above options are correct. The correct answer is: B. environmental cost information