The System Used for the Identification, Collection, Analysis, and Use

question 108

Multiple Choice

The system used for the identification, collection, analysis, and use of monetary and physical information is known as?

• A)Environmental management accounting (EMA)
• B)Materials flow accounting (MFA)
• C)Triple bottom line
• D)Sustainability

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Definitions:

Physical Outputs

The tangible products or goods that are produced through the manufacturing or production process of a business.

Cooperation

A process where individuals or groups work or act together for a common purpose or benefit.

Performance Measures

Metrics and standards used to assess and evaluate the effectiveness, output, or outcomes achieved by an individual, team, or organization.

Specific Goals

Objectives that are clearly defined, measurable, achievable, relevant, and time-bound.