Which of the following statements regarding environmental cost accounting are true?

(1) The majority of environmental costs are already captured within a typical organisation’s accounting system. The difficulty lies in identifying them

(2) Input/output analysis divides material flows within an organisation into three categories: material flows; system flows; and delivery and disposal flows

(3) One of the cost categories used in environmental activity-based costing is environment-driven costs which is used for costs which can be directly traced to a cost centre

(4) Environmental life-cycle costing enables environmental costs from the design stage of the product right through to decommissioning at the end of its life to be considered

A. (1), (2) and (4)
B. (1) and (4) only
C. (1), (3) and (4)
D. (2) and (3) only