Sustainability, as a Screening Criteria, Supports the Idea of Focusing

question 10

True/False

Sustainability, as a screening criteria, supports the idea of focusing completely on the company's present needs.

---

Definitions:

IAS 1

International Accounting Standard 1, which outlines the presentation of financial statements, aiming for comparability, transparency, and fairness in financial reporting.

Financial Statements

A set of reports that detail the financial activities and condition of a business, including the balance sheet, income statement, statement of cash flows, and statement of changes in equity.

GST Inclusive

A pricing format where the price of goods and services includes the Goods and Services Tax (GST) charged.