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‘Green Accounting’ means measuring the National Income of the country taking into account estimation of
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- the total forest area of the country
- the destruction of forest cover of the country
- pollution and environmental damage
- area of reclaimed fallow land
Correct Option: C
Green accounting is a type of accounting that attempts to factor environmental costs into the financial results of operations. It has been argued that gross domestic product ignores the environment and therefore decision-makers need a revised model that incorporates green accounting.
