Which of the Following Actions Does Not Demonstrate Corporate Social

question 74

Multiple Choice

Which of the following actions does not demonstrate corporate social responsibility?

• A)Engaging in activities which resolve environmental issues.
• B)Acting retroactively to solve problems after receiving public condemnation.
• C)Developing and implementing a code of conduct.
• D)Following industry-wide standards and imposing self-regulation within the organization.
• E)Taking part in appropriate social programs.

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Definitions:

Formal Financial Statements

Structured reports prepared by a company, usually annually or quarterly, that present its financial performance and position.

Worksheet

A document or file used for organizing and planning finances, calculations, or data analysis, often used in accounting and Excel.

Temporary Accounts

Accounts that are closed at the end of each accounting period, including revenue, expense, and withdrawal accounts.

Zero Balances

Accounts in financial statements that have no outstanding balance or value at a given point in time.