The Process of Measuring, Monitoring and Simultaneously Controlling the Economic

question 31

Multiple Choice

The process of measuring, monitoring and simultaneously controlling the economic, environmental and social dimensions of an entity is known as:

• A) sustainability management
• B) sustainability accounting
• C) sustainability
• D) none of the above

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Definitions:

Internal Rate of Return

Internal Rate of Return (IRR) is a financial metric used to evaluate the profitability of potential investments, representing the discount rate at which the net present value of costs (cash outflows) and benefits (cash inflows) of an investment equal zero.

Net Working Capital

A financial metric that represents the difference between a company's current assets and current liabilities.

Cash Flows

The total amount of money being transferred into and out of a business, affecting the company's liquidity, solvency, and overall financial health.

Project Analysis

Project analysis involves evaluating the financial viability, stability, and profitability of a project before committing resources to it.