Before revision: True cost accounting (TCA) generally refers to the process of collecting and presenting information - about environmental, social, and economic costs and benefits/advantages (collectively known as the "triple bottom line") - for each proposed alternative when a decision is necessary.
After revision: True Cost Accounting (TCA) generally refers to the process of collecting and presenting information - about environmental, social, and economic costs and benefits/advantages (collectively known as the "triple bottom line") - for each proposed alternative when a decision is necessary.