"Meeting Present Needs Without Comprising the Ability of Future Generations

question 14

Multiple Choice

"Meeting present needs without comprising the ability of future generations to meet their needs" is the U.N.definition of

• A)the environment
• B)social consciousness
• C)sustainability
• D)green manufacturing

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Definitions:

Discount on Bonds Payable

The variance between a bond's nominal value and the lesser amount it is sold for in the market.

Long-Term Liabilities

Debts or obligations of a business that are due for repayment in a period longer than one year.

Installment Note

A loan that requires regular payments, or installments, over a period, which covers both principal and interest.

Interest Expense

The cost incurred by an entity for borrowed funds, typically expressed as a yearly rate.