"Triple Bottom Line" Accounting Emphasizes the Measurement of a Company's

question 21

Multiple Choice

"Triple bottom line" accounting emphasizes the measurement of a company's:

• A) Net Income, Net Cash Flow, and Net Capital Expenditures
• B) Corporate spending on the "three C's" of charitable, civic, and cultural causes
• C) Profitability, environmental sustainability practices, and employee welfare
• D) Payments of taxes for the public interest, payment of wages to worker-stakeholders, and profits for shareholders

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Definitions:

MRP

Material Requirements Planning; a system for efficiently managing manufacturing processes, including inventory control, production planning, and scheduling.

TPS

Transaction Processing System, a type of information system that collects, stores, modifies, and retrieves the data transactions of an enterprise.

ERP II

Enterprise Resource Planning II, an evolution of ERP software that includes web-based collaboration and automation capabilities across an enterprise.

ERP III

The third generation of Enterprise Resource Planning software, focusing on extending traditional ERP systems to connect with the internet, e-commerce, and other external operations.