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Question: question seven a successful environmental management system should have a...

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QUESTION SEVEN A successful environmental management system should have a method for accounting for full environmental costs and should integrate private environmental costs into capital budgeting, cost allocation, process/product design and other forward-looking decisions Most corporate Information and decision systems do not currently support such proactive and prospective decision making (EPA, 1995a) (a) Provide the meaning of environmental full cost accounting (2 marks) (b) Discuss the regulatory framework and mechanisms of how environmental full cost (2 marks) (c) Provide the benefits of conducting environmental full cost accounting for a new accounting is achieved in Zambia project intended to be established in any given part of Zambia (10 marks) (d) State some of the challenges that are associated with conducting environmental full (e) Consider a thermal power plant that is being construçted in Sinazongwe for Describe two negative externalities you expect from the thermal power plant that cost accounting (2 marks) production of electricity: might affect the environment, human health and social well-being once t (4 marks) becomes operational.

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