Which of the Following Is a Good Way for a Business

question 18

Multiple Choice

Which of the following is a good way for a business to express its commitment to corporate citizenship?

• A) By establishing community relations programs.
• B) By behaving responsibly toward all its stakeholders.
• C) By correcting problems associated with its operations.
• D) All of the above.

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Definitions:

Exchange of Assets

Transactions where businesses or individuals trade assets of similar value, such as property, equipment, or securities.

Units-Of-Production Method

A depreciation method allocating the cost of an asset over its useful life based on its level of activity or production.

Depletion

The gradual exhaustion of natural resources, such as minerals, forests, or oil reserves, as these resources are extracted or used.

Natural Resource

Materials or substances occurring in nature which can be exploited for economic gain, like minerals, forests, water, and fertile land.