Which of These Is Not a Broad Guideline That It

question 23

Multiple Choice

Which of these is not a broad guideline that it would be desirable for triple bottom line reporting to follow?

• A)Be balanced, including negatives as well as positives.
• B)Have external verification.
• C)Be independent of other financial reports.
• D)None of the above, i.e., all are broad guidelines.

---

Definitions:

UCC

Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Breach of Contract

Occurs when one or more parties involved in a contract fail to fulfill their legal obligations as stipulated in the agreement, potentially leading to legal action for damages or specific performance.

Purchase Order

A document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.

Goods

Tangible, movable objects intended for sale or personal use, excluding real estate and intangible items.