Question

Compare the parameters of financial and environmental audit.

Answer 1

$\huge{Answer}$

↪A model is a combination of variables, such as GDP growth, and coefficients which multiply these variables. The coefficients are often estimated from the data. The coefficients are called parameters.

↪There are three main types of audits which are environmental compliance audits, environmental management audits to verify whether an organisation meets its stated objectives, and, functional environmental audits such as for water and electricity.

Answer 2

Answer

Carbon sequestration describes long-term storage of carbon dioxide or other forms of carbon to either mitigate or defe