The Social ________ Approach to Social Responsibility Is Most Consistent

question 125

Multiple Choice

The social ________ approach to social responsibility is most consistent with the classical view.

• A)responsiveness
• B)reaction
• C)responsibility
• D)obligation

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Definitions:

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the U.S. to govern financial reporting and ensure consistency.

Accounting Standards

Rules and guidelines used in the preparation and presentation of financial statements to ensure accuracy, completeness, and consistency.