Harry's Salary in 2005 Was $58,000 at a Time When

question 159

True/False

Harry's salary in 2005 was $58,000 at a time when the CPI was at 104.2. If the CPI in 2010 was 125, then Harry's salary would have to be 64,000 to keep up with inflation.

---

Definitions:

Social Audit

The process of evaluating and reporting on an organization's social and ethical performance, typically assessing the impact on stakeholders and the community.

Ethics Audit

A systematic evaluation of an organization's ethics programs and practices, intended to identify potential areas of risk, non-compliance, or weakness in ethical conduct.

Triple Bottom Line

A sustainability framework that examines a company's social, environmental, and financial performance.

Environment Factors

Elements in the external surroundings that can influence an organism's or entity's ability to thrive, including both natural and man-made conditions.