What Is the Approach to Accounting That Focuses Mainly on Providing

question 54

Multiple Choice

What is the approach to accounting that focuses mainly on providing information that enables owners to make money?

• A)Triple bottom line approach
• B)The stakeholder approach
• C)The sustainability approach
• D)The stewardship approach

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Definitions:

Expressed Constitutional Grant

Specific powers directly stated in a country's constitution that are given to a particular branch of the government or to a government official.

Federal Legislation

Laws passed by the national legislature of a country that apply across the entire nation.

Authority

The legal or rightful power, permission, or competence to make decisions, give orders, or enforce rules.

Third Amendment

An amendment to the U.S. Constitution that prohibits the quartering of soldiers in private homes without the owner's consent, peacetime or war.