What Constitutes a Social Enterprise's "Triple Bottom Line

question 7

Multiple Choice

What constitutes a social enterprise's "triple bottom line"?

• A)employees,customers,and profits
• B)assets,liabilities,and revenue
• C)social concerns,shareholders,and sales
• D)people,planet,and profits

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Definitions:

Recoverable Costs

Expenditures that a company expects to recover in the future through tax deductions, reimbursements, or as contracts costs.

Critical Event

A significant occurrence or change that impacts an organization's operations or decision-making process.

Measurability Conditions

Criteria used to determine whether the financial impact of an event can be reliably measured and should be recognized in the financial statements.

Installment Sales Method

An accounting method where revenue is recognized at the time of cash collection rather than at the point of sale.