Which of the Following Statements About the Theory of Sustainability

question 85

Multiple Choice

Which of the following statements about the theory of sustainability is true?

• A) Sustainability is an internal process in which companies match resources and objectives.
• B) Sustainability is the idea that socially responsible companies will outperform their peers when they focus on the world's problems as marketing opportunities.
• C) According to the theory of sustainability, a company cannot be socially responsible without a code of ethics and managerial support of that code.
• D) According to the theory of sustainability, ethical behavior should never be viewed as the means of obtaining a competitive advantage.
• E) Sustainability is only successful if it focuses on organizational strengths.

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Definitions:

Due Diligence

The investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract.

Accountant-Client Privilege

A legal principle that protects communications between a certified accountant and their client from being disclosed without the client's permission.

Statutorily Recognize

Formally acknowledged or established by law or statute.

Audit Working Papers

Documentation that records all audit evidence obtained during financial audits and the audit procedures used.