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John Moffat.
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bucky709
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Hi
Whats the difference between a conventional cost and a potentially hidden cost in environmental accounting?
John Moffat
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Conventional costs are the direct costs which will be measured anyway in the normal way e.g. the costs of disposing of waste.
Potentially hidden costs are costs that are not so easy to identify and measure e.g. loss of revenue because customers regard other companies as being more environmentally friendly and so prefer to buy from the other companies.
bucky709
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