Which of These Is a Way in Which Sustainable Reports

question 48

Multiple Choice

Which of these is a way in which sustainable reports should be similar to current financial reports?

• A)Degree of auditability of reports.
• B)Reliance on monetary measures.
• C)Scope of report.
• D)Comparability.

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Definitions:

Parity

A concept of economic equality or equivalence, such as between currencies or in the income levels between groups.

Price Supports

Government interventions to maintain the market price of a commodity or product at a certain level, often to protect producers from market fluctuations.

Marketing Loan Program

A federal farm subsidy under which certain farmers can receive a loan (on a per-unit-of-output basis) to plant a crop and then, depending on the harvest price of the crop, either pay back the loan with interest or keep the loan proceeds while forfeiting their harvested crop to the lender.

Loan Price

The total financial cost of borrowing, including interest rates and any additional fees charged by the lender.