The Term Used to Describe the Ongoing Learning That an Organisation

question 18

Multiple Choice

The term used to describe the ongoing learning that an organisation must undertake to achieve sustainability is:

• A)life-cycle analysis.
• B)environmental management.
• C)corporate social responsibility.
• D)learning for sustainability.

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Definitions:

Gain

A financial increase resulting from a transaction that exceeds the cost or value of the item sold or exchanged.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.

Operating Activities

Business activities related to the day-to-day functions of producing goods or offering services, impacting the company's cash flow.

Going Concern

An accounting principle that assumes a company will continue to operate and remain in business for the foreseeable future.