A Responsibility Accounting Performance Report Reports

question 141

Multiple Choice

A responsibility accounting performance report reports:

• A) Only actual costs.
• B) Only budgeted costs.
• C) Both actual costs and budgeted costs.
• D) Only direct costs.
• E) Only indirect costs.

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Definitions:

Global Reporting Initiative

An international organization that develops and encourages the use of sustainability reporting standards.

CSR Initiative

Corporate Social Responsibility initiative; a company's efforts to improve society in ways that go beyond the interests of the firm and that are not required by law.

Social Performance

A measure of how well an organization achieves social goals, such as community support and employee satisfaction.

Triple Bottom Line

Reporting that includes financial performance, social performance, and environmental performance.