Match the Sustainability Framework with the Appropriate Definition

question 84

Multiple Choice

Match the sustainability framework with the appropriate definition.
-SIGMA GUIDELINES

• A)Enables organizations to identify and control their environmental impact, continuously improve their environmental performance, and implement a systematic approach to setting and achieving environmental targets.
• B)Provides a resource summarizing various frameworks used in accounting for sustainability.
• C)Provides a sustainability reporting framework of which the G3 guidelines are the cornerstone.
• D)Requires ISO 14001 as the environmental management system.
• E)Provide guiding principles for sustainability and a framework that integrates sustainability into management decision making.

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Definitions:

Restocking Costs

The expenses associated with replenishing inventory once it has been sold to customers.

EOQ

Economic Order Quantity is a formula used in inventory management to determine the optimal order quantity that minimizes total inventory costs.

Carrying Cost

The total cost of holding inventory, including storage, insurance, and opportunity costs.

Carrying Costs

Expenses incurred for holding inventory, including storage, insurance, taxes, and opportunity costs, among others.