Full-Cost Pricing- Accounting Technique

Student’s Name Professor’s Name Subject DD MM YYYY Full-Cost Pricing Full Cost Pricing is an accounting technique that takes into consideration of direct and indirect economic, environmental, health and social costs of an enterprise or an action. Various problems results due to mining companies and business enterprises not adhering to the principle of full cost pricing. One critical factor is pollution. Mining companies and industrial productions end up releasing dangerous gases, dust and waste products which leads to air pollution and other harmful effects on the planet. The negative impacts are termed as hazardous to both the environment and the people living around that environment. Companies taking into account the principle of full-cost pricing by using methods of production that are advanced and environmental friendly, there will be an assurance that less pollution will occur. Various measures can be used to make sure t...