Which of the following costs is included in the five tiers of environmental costs?

A) External
B) Prime
C) Hidden
D) Conversion

Hidden Costs

Expenses that are not directly accounted for in the budget of a project or a product pricing, often overlooked or unknowingly incurred.

Environmental Costs

Expenses incurred by companies to prevent, detect, and correct environmental damage they have caused.

Prime

In finance, often refers to the prime rate, which is the interest rate banks charge their most creditworthy customers. In manufacturing, can also mean prime costs, which are direct costs of production.