Which of the Following Statements Is TRUE Regarding Sustainability Accounting

question 3

Multiple Choice

Which of the following statements is TRUE regarding sustainability accounting?

• A)The Global Reporting Initiative (GRI)is a for profit organization established to develop guidelines so that "reporting on economic, environmental and social performance by all organizations is as routine and comparable as financial reporting."
• B)Statutory requirements describe the elements that must be included in reports based on sustainability accounting.
• C)Since 2002 it has been a criminal offence for the Chief Financial Officer to sign off on a report based on sustainability accounting that does not include a section on environmental management.
• D)Corporate Social Responsibility (CSR)is a subset of sustainability accounting.
• E)The trend to sustainability in reporting has emphasized value creation as well as risk mitigation in financial reports and management discussion and analysis of organizations.

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Definitions:

Defense Mechanisms

Psychological strategies used unconsciously to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Obsessions

Persistent, unwanted thoughts, urges, or images that cause distress or anxiety.

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession or according to rigid rules.

Related

Having a connection or association with something else, either by blood, context, or similarity.