Ecological activities costs and line of work cost-effectiveness: The current trend in Nigeria

Glory Tony Effiong 1 and Inyang Ochi Inyang 2, *

 1 Department of Accounting, University of Calabar, Calabar, Nigeria.
2 Department of Accounting, Faculty of Management Sciences, University of Calabar, Calabar, Nigeria. 
 
Research Article
World Journal of Advanced Research and Reviews, 2022, 15(01), 466–475
Article DOI: 10.30574/wjarr.2022.15.1.0732
 
Publication history: 
Received on 18 June 2022; revised on 20 July 2022; accepted on 22 July 2022
 
Abstract: 
The study investigated the cost effects of ecological activities as they affect corporate cost-effectiveness of establishments. It highlighted on influence valuation of cost consequences on the managerial challenges and prospects towards enrichment of the cost-effectiveness of Nigerian oil trades.  Facts for the study were collected by the use of a well-developed instrument and extraction from the commercial accounts, and these facts were analyzed using the ordinary least square method.  The results discovered that there is positive relationship between organizational cost-effectiveness and major determining factor of ecological activities.  Thus, these determining factors of ecological activities should be considered when making proceeds decision since it is desirable that establishments must sustain their proceeds amidst ecological challenges.    Founded on findings of the study, it was suggested amongst others that Nigerian oil businesses should show statistics on ecological expenditure, ecological cost charged to income in the account as well as details in the notes to the accounts. To enhance the effectiveness of the policy as well as its compliance, separate financial records should be maintained for ecological expenditures.
 
Keywords: 
Ecological activities; Ecological cost; Cost-effectiveness; Impression valuation; Cost benefit theory
 
Full text article in PDF: 
Share this