From the following list of costs, calculate the amount of contingent environmental costs.

A) $350 000
B) $355 000
C) $110 000
D) $1 100 000

Question

From the following list of costs, calculate the amount of contingent environmental costs.  A)  $350 000B)  $355 000C)  $110 000D)  $1 100 000

Brigith Flores · Accepted Answer

Final Answer : D, Explanation :  Contingent environmental costs refer to potential costs that may arise from environmental damages caused by the company's operations. The cost of $1,100,000 is the only one on the list that could potentially be a contingent environmental cost. Therefore, the best choice is D.

From the following list of costs, calculate the amount of contingent environmental costs.

A) $350 000
B) $355 000
C) $110 000
D) $1 100 000

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