Can you please explain further why the answer to practice question 3 is flow cost accounting instead of lifecycle costing? Question is below:
Which of the following environmental accounting techniques would be relevant when considering the cost of dismantling machines at the end of the project?
Thank you.
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Environmental Management Accounting
This is a poor question - sorry - and I will have it changed.
Both life-cycle costing and flow cost accounting would be relevant (as the question is currently worded).
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