Corporations React to the Various Pressures and Constituencies Connected to the Topic

question 60

Multiple Choice

Corporations react to the various pressures and constituencies connected to the topic of social responsibility in different ways.________ tend to obey the letter of the law but do not make changes that might restrict profits unless they are required to.

• A) Reactors
• B) Anticipators
• C) Defenders
• D) Accommodators

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Definitions:

T Accounts

A type of graphical representation used in accounting to depict accounts, where the left side of the "T" records debits and the right side records credits.

Transactions

Financial events that involve the transfer of resources between two parties, impacting the financial position of an entity.

Cost Flow

The process of tracking the progression of costs as they move through a company's production process and into the financial statements.

Manufacturer

An entity or individual that makes goods from raw materials through the use of manual labor or machines, often within an industrial context.