Sustainable Sourcing Takes into Account the Long-Term Impact on People

question 62

True/False

Sustainable sourcing takes into account the long-term impact on people, profits, and the planet.

---

Definitions:

External Auditor

An independent, outside auditor who examines a company's financial statements for accuracy and compliance with accounting standards.

Research Director

An individual responsible for guiding and supervising the research and development activities within an organization, ensuring projects align with strategic goals.

Controllable Variances

Controllable variances are the differences between actual and standard costs that management can influence or control, often used to assess performance.

Department Managers

Individuals responsible for overseeing specific departments within a company, ensuring their team works efficiently and meets set targets.