The Total Impact of Business Actions on Society at Large

question 15

Multiple Choice

The total impact of business actions on society at large is known as:

• A) economic impact.
• B) corporate governance.
• C) risk.
• D) social responsibility.

---

Definitions:

Money Orders

Financial instruments issued for a specific amount of money, acting as a safe alternative to cash or personal checks.

Cash

Money in the form of currency that can include coins, currency notes, and sight deposits at financial institutions.

Sarbanes-Oxley

A U.S. law passed in 2002 to protect investors from fraudulent financial reporting by corporations.

Internal Controls

Procedures and mechanisms implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.