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Which of the following is a reason for businesses to assume a socially responsible role?
Business controls vast resources of money and talent which can be used to help society.
Business helped to create many of society's problems and therefore should help to solve these problems.
Statistics show that businesses that support social responsibility projects have higher return on investments.
Corporations have civic responsibilities just like other citizens and should help to better our lives.
All of these are reasons.
Post-audit
The evaluation process conducted after a project's completion to assess its actual performance against planned objectives and costs.
Accounting Rate of Return
A financial metric that measures the return on investment expected from a project or asset, calculated as the average annual profit divided by the initial investment cost.
Simple Rate of Return
A calculation that estimates the profitability of an investment, without factoring in the time value of money or cash flows over time.
Unadjusted Rate
A rate or measure that has not been modified to account for factors or variables that could affect its interpretation or accuracy.
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