The Concept of Sustainability Focuses on Which of the Following

question 200

Multiple Choice

The concept of sustainability focuses on which of the following?

• A) the needs of the present without compromising the future
• B) the needs of the future without compromising the present
• C) the needs of the firm to make a profit in the present
• D) the needs of future employees
• E) the needs of the government in the future

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Definitions:

Total Assets

The sum of all assets owned by a company, including both current and non-current assets.

Vertical Analysis

A method of financial statement analysis in which each entry is listed as a percentage of another item, frequently used to review relative sizes of account entries.

Total Assets

The sum of all resources owned by an entity, including cash, investments, property, and equipment, which are expected to provide future economic benefits.

Liabilities

The rights of creditors that represent debts of the business.