Which of the Following Is Not Generally on a Company's

question 32

Multiple Choice

Which of the following is not generally on a company's menu of actions to consider in crafting a strategy of social responsibility?

• A)Actions to ensure that the company operates in an honorable and ethical manner
• B)Actions to build a workforce that is diverse with respect to gender,race,national origin,and perhaps other personal characteristics
• C)Actions to look out exclusively for the best interests of shareholders
• D)Actions to protect or enhance the environment (apart from what is required by governmental authorities)
• E)Actions to create a work environment that enhances the quality of life for employees

---

Definitions:

Expense Recognition Principle

An accounting principle that expenses should be recognized in the period in which they are incurred, matching expenses with related revenues.

Relevant Accounting Information

Financial data and insights that are pertinent and useful for decision-making processes.

Predictive Value

The capability of financial information to help users in predicting future trends and outcomes.

Confirmatory Value

The aspect of financial information that helps users confirm or correct prior expectations.