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Economic activity- sustainability
For measuring the sustainability, we can use quotients approach and subjective approach.
So what about the account for sustainablity are to be ‘full cost and TBL accounting’.
What do it try to tell us??Where in kaplan text book also stated that quotients is similar to TBL accounting. This is show that…??
Thanks and appreciate for the replies.Economic activity- sustainability
For measuring the sustainability, we can use quotients approach and subjective approach.
So what about the account for sustainablity are to be ‘full cost and TBL accounting’.
What do it try to tell us??Where in kaplan text book also stated that quotients is similar to TBL accounting. This is show that…??
Thanks and appreciate for the replies.I really cannot understand your question! Sorry!
For sustainability, there are 2 methods to measure the sustainablity of economic activity, quotients approach and subjective approach.
So what about ‘full cost and TBL accounting’? This two is used for??
I told you in this way, then can you understand it?
Waiting for your reply. Thanks.
Quotients approach suggests measurement against available resource and implies absolute measurement against definable benchmarks.
Subjective approach suggests an approach more based on relative measures which are less capable of reliable measurement.
There is a strong argument ( currently ) about, for example, the ecomomic benefit of a forested area in Zambia and environmentalists have cited the figure of $1.3 billion as being the ANNUAL value of maintaining that forest and therefore the cost of cutting down the forest to plant, for example, soya plants.
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