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Environmental costs

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Environmental costs

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by Ken Garrett.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 22, 2014 at 11:16 am #170081
    sothea
    Member
    • Topics: 3
    • Replies: 1
    • ☆

    Hi Sir/Madam,

    If the question asks about environmental costs?

    which cost group I should explain between 1 and 2 below:

    1. Conformance cost and Non-conformance cost

    2. Conventional, Contingent, Relational and Reputational costs

    Thanks!

    May 22, 2014 at 11:37 am #170084
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    Conformance/non-conformance is to do with quality, not the environment.

    May 22, 2014 at 2:00 pm #170111
    sothea
    Member
    • Topics: 3
    • Replies: 1
    • ☆

    Sorry!

    1. I wanted to mean: Envir. protection cost, detection cost, internal failure cost and external failure cost.

    Please clarify me again.

    Thanks!

    May 22, 2014 at 2:23 pm #170116
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    Inherent failure costs and external failure costs are to do with quality.

    Detection cost also looks like a quality control cost (appraisal)

    If you are asked for environmental cost categories use:

    Conventional, Potentially hidden costs, Contingent costs, Relational and Reputational costs.

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