An Account Framework That Goes Beyond the Traditional Measures of Profit

question 31

Multiple Choice

An account framework that goes beyond the traditional measures of profit, return on investment, and shareholder value to include environmental and social dimensions is called

• A)the shared bottom line.
• B)value proposition.
• C)the triple bottom line.
• D)the twin bottom line.

---

Definitions:

Intent to Deceive

The deliberate intention to mislead or trick someone, often to gain an unfair advantage or benefit.

Material Fact

A fact that is significant or essential to the issue or matter at hand, and could influence a decision.

Securities Exchange Act

The Securities Exchange Act is a U.S. federal law that governs the trading of securities, such as stocks and bonds, to protect investors against fraud and to regulate the securities industry.

Scienter

A legal term referring to the knowledge of wrongdoing, particularly in cases of fraud or deceit.