ISO 14000

question 74

Multiple Choice

ISO 14000:

• A)Provides a set of quality standards that relate to environmental management.
• B)Is required under current International Financial Reporting Standards (IFRS).
• C)Is a requirement for receipt of the Baldrige Quality Award in the U.S.
• D)Provides general standards for quality assurance by companies and organizations.

Comprehend and calculate a firm's total assets from debt and debt-equity ratio.

Interpret financial ratios to analyze a firm's financial leverage and asset management.

Calculate depreciation expense using financial ratios and given data.

Understand cash flow changes from changes in accounts receivable, inventory, and accounts payable.

---

Definitions:

Low-Impact Commercial Trade

Trading activities that are designed to have a minimal negative impact on the environment and local communities.

Indigenous Communities

Groups of people native to a region, possessing unique cultural traditions, languages, and connections to ancestral lands.

Natural Habitat

The original environment in which a plant or animal species lives and evolves.

Ecotourism

Responsible travel to natural areas that conserves the environment, sustains the well-being of the local people, and involves interpretation and education.