Sustainability Is Concerned Not Only with the Impact on the Environment,but

question 27

Multiple Choice

Sustainability is concerned not only with the impact on the environment,but also with the impact on people and profit.The "triple bottom line" measures an entity's impact on profit,people,and planet.A local accounting firm that participates in Habitat for Humanity is impacting which element of the triple bottom line?

• A)Economic
• B)Social
• C)Environmental
• D)None of the above

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Definitions:

Budgeted Receipts

Expected cash or revenue amounts a business plans to receive over a certain period according to its budget.

Merchandise Inventory

Merchandise inventory includes goods held by a company that are ready for sale to customers.

Building Contractors

Professionals or companies responsible for overseeing the construction of buildings, ensuring the project meets legal and quality standards.

Monthly Depreciation

The portion of the cost of an asset allocated as an expense over each month of its useful life.