Which Statement Regarding the Carbon Disclosure Project (CDP)is Not True

question 12

Multiple Choice

Which statement regarding the Carbon Disclosure Project (CDP) is not true?

• A) The CDP is a project seeking to understand the climate change exposure of assets used by organisations.
• B) The CDP lists companies that are the highest achiever in reducing energy and emissions.
• C) The CDP annual survey includes information regarding climate change strategies,energy and emission reduction targets and emission performance information.
• D) The CDP is a project seeking to require companies to report climate change strategies.

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Definitions:

Factory Overhead

The sum of all indirect costs of manufacturing, including expenses related to the operation of factories such as utilities and rent, articulated with different phrasing.

Predetermined Rate

A rate established in advance to apply overhead costs to products or job orders, usually based on estimated costs and activity levels.

Standard Cost Tables

Reference charts that list the predetermined costs for various products or services, facilitating cost control and budgeting.

Institute of Management Accountants

A worldwide association of accountants and financial professionals in business, focused on promoting management accounting.