What Are the Three Triple Bottom Line Factors Incorporated into the Global

question 43

Multiple Choice

What are the three Triple Bottom Line factors incorporated into the Global Reporting Initiative framework?

• A)Economic, social, personal indicators
• B)Political, social, and environmental indicators
• C)Economic, social, and environmental indicators
• D)Political, individual, and environmental indicators
• E)Political, individual, and personal indicators

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Definitions:

Materials Inventory

The cost of materials that have not yet entered into the manufacturing process.

Budgeted Direct Materials Purchases

The estimated total cost of direct materials a company plans to buy for its production process, based on forecasted production levels.

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period.

Financial Budgets

Detailed plans that outline an organization's financial goals, expected revenues, and expenses for a specific period.