According to the Text,the Triple Bottom Line Approach to Corporate

question 9

Multiple Choice

According to the text,the triple bottom line approach to corporate accounting includes which three components?

• A) financial, environmental, and customer
• B) financial, organizational, and customer
• C) financial, environmental, and social
• D) financial, organizational, and psychological

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Definitions:

Marginal Propensity

Describes the portion of additional income that an individual is willing to spend on consumption rather than saving.

Off-Balance Sheet Financing

Off-balance sheet financing is the use of funding or financial activities not recorded on the company's balance sheet to keep debt ratios low.

Capitalizing A Lease

The process of recognizing a leased asset and related lease liability on the balance sheet, treating the lease as a purchase financed by a loan.

Capital Lease

A lease considered a purchase of an asset for accounting purposes, where the lessee acquires all risks and rewards associated with ownership.