Corporate Director or Officer Decisions to Dedicate Corporate Funds for Social

question 11

Multiple Choice

Corporate director or officer decisions to dedicate corporate funds for social causes is called:

• A)Corporate Social Responsibility (CSR)
• B)Social Activism (SA)
• C)Business Engagement in Environmental Situations (BEES)
• D)Strategic Investment in Stakeholder Issues (SISI)

---

Definitions:

Conversion Costs

The costs incurred to convert raw materials into finished products, typically including labor and manufacturing overhead.

Finished Goods

Refers to products that have completed the manufacturing process but have not yet been sold to customers.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including materials and labor.

Customer Profitability

An analysis to determine the financial contribution brought by a customer through their purchases minus the costs of servicing them.