The Statement Concerning Triple Bottom Line Reporting That Is Not

question 48

Multiple Choice

The statement concerning triple bottom line reporting that is not correct is:

• A) The phrase was coined by John Elkington.
• B) It means that the need for goods and services should be met without destroying natural or social capital.
• C) Companies tend to report favourable news rather than unfavourable news.
• D) It only deals with things that can be measured.

Learn about the spread of significant rumors and their implications for freedpeople post-Civil War.

Know the institutions that played a key role in the education of African Americans during Reconstruction.

Compare the economic conditions and employment rates of black and white women in the 1870s.

Understand the anatomical and functional aspects of the anal and rectal areas.

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Definitions:

Straight Line Amortization

A method of allocating the cost of an intangible asset over its useful life in equal annual amounts.

Impairment

A decrease in the recoverable value of an asset below its carrying amount on the balance sheet, necessitating a write-off.

Goodwill

The intangible asset that arises when a company acquires another for a price higher than the fair value of its identifiable tangible and intangible assets.

Indefinite Useful Life

An intangible asset that is not expected to deplete over a measurable period of time, and hence is not amortized.