An Organization with a Triple Bottom Line Is Focused on Improving

question 104

Multiple Choice

An organization with a triple bottom line is focused on improving ________.

• A)profits,its people,and the planet
• B)profits,market share,and ROI
• C)strengths,opportunities,and threats
• D)profits,product,and price
• E)society,the planet,and the economy

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Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in its financial reporting.

Foreign Currency Transaction

A transaction that is denominated or requires settlement in a foreign currency.

Denominated

Indicates the unit of currency in which a financial transaction or instrument is specified.

FOB

Free On Board (FOB) is an international commerce term used to indicate whether the seller or buyer is responsible for goods damaged or destroyed during shipping, specifying the point at which the risk of loss shifts.