Which of the Following Statements Regarding CSR and Sustainability Reporting

question 43

Multiple Choice

Which of the following statements regarding CSR and sustainability reporting is false?

• A)Generally accepted accounting principles do not require firms to report CSR and sustainability efforts.
• B)The Global Reporting Initiative is an international organization that develops the use of sustainability reporting standards.
• C)Many corporations use a triple bottom line approach to sustainability reporting.
• D)The triple bottom line approach includes financial, social, and entrepreneurial performance components.

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Definitions:

Evaluate

The process of determining the value or significance of something through analysis or assessment.

Prorata Interest

Interest calculated proportionally, based on the fraction of the period for which the interest is accrued.

Evaluate

To assess or appraise the value, performance, or significance of an object, project, or situation.

Exponent Laws

A set of rules guiding the operations (such as multiplication, division, and raising to powers) on expressions with exponents.