Practer Inc

question 4

Multiple Choice

Practer Inc. aims to collaborate with other companies and achieve sustainability. When deciding whom to involve in its sustainability initiative, Practer Inc. should first:

• A) check if its objectives are consistent with the potential partners.
• B) map out who will be affected by the initiative.
• C) create enter and exit strategies.
• D) get the board of directors to buy into the collaboration.

---

Definitions:

Net Income

The residual earnings of a company after all costs including expenses and taxes are taken out from the total revenue.

Accrued Revenue

Revenue earned in one accounting period but not received until a later period, recognized in the financial statements when earned, not when received.

Services Provided

The act or process of delivering professional, technical, or operational assistance to customers or clients.

Recorded

The act of entering financial transactions into the accounting records of a company.