Environmental Accounting Concepts
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Questions and Answers

Environmental Impact Assessment (EIA) is a systematic process that examines the environmental consequences of development action in advance, focusing on ________.

prevention

Impact assessment can be defined as a process of identifying and predicting the future consequences of a current or proposed ________.

action

The concept of environment in impact assessment evolved to include physical-chemical, biological, ecological, visual, cultural, and social ________.

economic

EIA serves as a technical tool for the analysis of the consequences of a planned ________.

<p>intervention</p> Signup and view all the answers

EIA has a dual nature, serving as a technical tool and as a ________ procedure.

<p>legal</p> Signup and view all the answers

The purpose of EIA can be broadly categorized as an aid to ________.

<p>decision-making</p> Signup and view all the answers

Environmental accounting provides indicators of how much the government is earning by way of taxes for the use of our natural resources and how much of it goes directly to the ______ sector as profit.

<p>private</p> Signup and view all the answers

Environmental asset accounts may be expressed in terms of physical and monetary values, examples of which are shown below: a. Physical Accounts Use of physical quantities using physical units of measurement such as hectares, tons, etc. Records of changes in quantity and to some extent changes in the quality of resources such as indicators of depletion and ______.

<p>degradation</p> Signup and view all the answers

Monetary accounts derived by the application of monetary unit values, either market prices or estimated value set of physical accounts. Records the value and the changes of the value of natural assets through time and the cause of environmental ______.

<p>degradation</p> Signup and view all the answers

In accounting for the environmental impacts of economic activities, the amount or level of emission as well as the valuation of the emission is ______.

<p>reflected</p> Signup and view all the answers

Environmental accounting can be applied at various levels: product-line level, facility level, corporate level and ______-level.

<p>country</p> Signup and view all the answers

Environmental accounting provides indicators of how much the government is earning by way of taxes for the use of our natural resources and how much of it goes directly to the ______ sector as profit.

<p>private</p> Signup and view all the answers

Increases the potential for savings and key areas by implementing the essential element of efficient use or conservation of resources such as water and energy. Enhances market potential through enhanced reputation. An EMS is the combination of people, policies, procedures, review and plans to help address environmental issues. Among the important elements of EMS include continual improvement, management commitment, formalization, and awareness of system approach. Environmental Valuation and Accounting From scenic beauty and recreational opportunities to direct inputs into the production processes, environmental resources provide a complex set of values to individuals and benefits to society. The value of the direct and indirect benefits that humans are deriving from the environment is enormous. Hence, environmental valuation and accounting is important environmental management. Environmental valuation Environmental valuation deals with the environmental gains and compensation for environmental losses. These environmental gains and losses can be investigated as an environmental benefit. For the purpose of valuation, such benefits can be classified into: a. Use benefits. Use benefits refer to the utility arising from the direct or indirect physical use of a resource including commercial use, recreational use anesthetic use. b. Non-use benefits. Non-use benefits refer to utility that is derived from environmental resources without physical interaction with the resource. c. The process of environmental ______ helps in determining the value of environmental resources in economic terms.

<p>valuation</p> Signup and view all the answers

Increases the potential for savings and key areas by implementing the essential element of efficient use or conservation of resources such as water and energy. Enhances market potential through enhanced reputation. An EMS is the combination of people, policies, procedures, review and plans to help address environmental issues. Among the important elements of EMS include continual improvement, management commitment, formalization, and awareness of system approach. Environmental Valuation and Accounting From scenic beauty and recreational opportunities to direct inputs into the production processes, environmental resources provide a complex set of values to individuals and benefits to society. The value of the direct and indirect benefits that humans are deriving from the environment is enormous. Hence, environmental valuation and accounting is important environmental management. Environmental valuation Environmental valuation deals with the environmental gains and compensation for environmental losses. These environmental gains and losses can be investigated as an environmental benefit. For the purpose of valuation, such benefits can be classified into: a. Use benefits. Use benefits refer to the utility arising from the direct or indirect physical use of a resource including commercial use, recreational use anesthetic use. b. Non-use benefits. Non-use benefits refer to utility that is derived from environmental resources without physical interaction with the resource. c. Environmental ______ is crucial in understanding the impact of economic activities on natural resources.

<p>impacts</p> Signup and view all the answers

Increases the potential for savings and key areas by implementing the essential element of efficient use or conservation of resources such as water and energy. Enhances market potential through enhanced reputation. An EMS is the combination of people, policies, procedures, review and plans to help address environmental issues. Among the important elements of EMS include continual improvement, management commitment, formalization, and awareness of system approach. Environmental Valuation and Accounting From scenic beauty and recreational opportunities to direct inputs into the production processes, environmental resources provide a complex set of values to individuals and benefits to society. The value of the direct and indirect benefits that humans are deriving from the environment is enormous. Hence, environmental valuation and accounting is important environmental management. Environmental valuation Environmental valuation deals with the environmental gains and compensation for environmental losses. These environmental gains and losses can be investigated as an environmental benefit. For the purpose of valuation, such benefits can be classified into: a. Use benefits. Use benefits refer to the utility arising from the direct or indirect physical use of a resource including commercial use, recreational use anesthetic use. b. Non-use benefits. Non-use benefits refer to utility that is derived from environmental resources without physical interaction with the resource. c. Understanding the environmental ______ of economic activities is essential for sustainable development.

<p>impact</p> Signup and view all the answers

Increases the potential for savings and key areas by implementing the essential element of efficient use or conservation of resources such as water and energy. Enhances market potential through enhanced reputation. An EMS is the combination of people, policies, procedures, review and plans to help address environmental issues. Among the important elements of EMS include continual improvement, management commitment, formalization, and awareness of system approach. Environmental Valuation and Accounting From scenic beauty and recreational opportunities to direct inputs into the production processes, environmental resources provide a complex set of values to individuals and benefits to society. The value of the direct and indirect benefits that humans are deriving from the environment is enormous. Hence, environmental valuation and accounting is important environmental management. Environmental valuation Environmental valuation deals with the environmental gains and compensation for environmental losses. These environmental gains and losses can be investigated as an environmental benefit. For the purpose of valuation, such benefits can be classified into: a. Use benefits. Use benefits refer to the utility arising from the direct or indirect physical use of a resource including commercial use, recreational use anesthetic use. b. Non-use benefits. Non-use benefits refer to utility that is derived from environmental resources without physical interaction with the resource. c. Proper environmental ______ is necessary to ensure sustainable utilization of resources.

<p>management</p> Signup and view all the answers

Increases the potential for savings and key areas by implementing the essential element of efficient use or conservation of resources such as water and energy. Enhances market potential through enhanced reputation. An EMS is the combination of people, policies, procedures, review and plans to help address environmental issues. Among the important elements of EMS include continual improvement, management commitment, formalization, and awareness of system approach. Environmental Valuation and Accounting From scenic beauty and recreational opportunities to direct inputs into the production processes, environmental resources provide a complex set of values to individuals and benefits to society. The value of the direct and indirect benefits that humans are deriving from the environment is enormous. Hence, environmental valuation and accounting is important environmental management. Environmental valuation Environmental valuation deals with the environmental gains and compensation for environmental losses. These environmental gains and losses can be investigated as an environmental benefit. For the purpose of valuation, such benefits can be classified into: a. Use benefits. Use benefits refer to the utility arising from the direct or indirect physical use of a resource including commercial use, recreational use anesthetic use. b. Non-use benefits. Non-use benefits refer to utility that is derived from environmental resources without physical interaction with the resource. c. Environmental ______ plays a crucial role in sustainable development efforts.

<p>resources</p> Signup and view all the answers

Increases the potential for savings and key areas by implementing the essential element of efficient use or conservation of resources such as water and energy. Enhances market potential through enhanced reputation. An EMS is the combination of people, policies, procedures, review and plans to help address environmental issues. Among the important elements of EMS include continual improvement, management commitment, formalization, and awareness of system approach. Environmental Valuation and Accounting From scenic beauty and recreational opportunities to direct inputs into the production processes, environmental resources provide a complex set of values to individuals and benefits to society. The value of the direct and indirect benefits that humans are deriving from the environment is enormous. Hence, environmental valuation and accounting is important environmental management. Environmental valuation Environmental valuation deals with the environmental gains and compensation for environmental losses. These environmental gains and losses can be investigated as an environmental benefit. For the purpose of valuation, such benefits can be classified into: a. Use benefits. Use benefits refer to the utility arising from the direct or indirect physical use of a resource including commercial use, recreational use anesthetic use. b. Non-use benefits. Non-use benefits refer to utility that is derived from environmental resources without physical interaction with the resource. c. Environmental ______ is crucial in understanding the true value of natural resources.

<p>accounting</p> Signup and view all the answers

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