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.

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Definitions:

Ease of Formation

Refers to the simplicity and straightforwardness involved in establishing a new business or organization.

Revenue per Employee

Is a financial metric used to measure the average revenue generated by a company per employee, indicating the efficiency and productivity of its workforce.

LLC Efficiency

The effectiveness with which a Limited Liability Company (LLC) uses its resources to achieve its business goals, potentially distinct from broader company efficiency metrics.

Uncollected Cash

Money owed to a business or individual that has not yet been received or collected.