Social Audits Can Be Used for All of the Following

question 28

Multiple Choice

Social audits can be used for all of the following reasons,except:

• A) Assessing existing performance
• B) Evaluating the performance of managers
• C) Providing information for planning
• D) Measuring future performance
• E) Meeting government requirements

---

Definitions:

Liability Account

A financial accounting term for obligations or debts that a company owes to others.

Stock Dividend

A dividend paid to shareholders in the form of additional shares of stock, rather than cash.

Corporate Assets

Assets owned by a corporation, including cash, inventory, property, and intellectual property, that are used in the operation of the company.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.