The Three-Pronged Approach Developed by ISO 14000 to Meet the Needs

question 12

Multiple Choice

The three-pronged approach developed by ISO 14000 to meet the needs of its stakeholders include:

• A) standardised testing methods, environmental management system standards and a systematic approach to managing business processes.
• B) standardised testing methods, technical reports and a systematic approach to managing business processes.
• C) standardised testing methods, environmental management system standards and technical reports.
• D) none of the above

---

Definitions:

Voucher Register

A voucher register is a record keeping system where vouchers are indexed and stored, detailing the payment of a transaction.

Vouchers Payable

A liability account that records the obligation to pay for goods or services that have been received, but not yet paid for.

Purchases

Transactions involving the buying of goods and services for business operations or resale.

Gross Method

An accounting practice where discounts for prompt payments are not deducted from invoice amounts unless a payment is made within the discount period.