Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 13, Problem 4Q
Identify four different stakeholders In need of sustainability information and show how their actions might affect a business.
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Describe sustainability and sustainable business practices.
Discuss the various processes that can be put in place to ensure the organisation is seen to be embracing sustainability.
A company’s attempts to utilize sustainable business practices with regard to its employees, the environment, and society are known as ________.
Select one:
a.
corporate social responsibility
b.
value chain
c.
total quality management
d.
a balanced scorecard
Chapter 13 Solutions
Principles of Accounting Volume 2
Ch. 13 - Which agreement did 196 nations adopt in December...Ch. 13 - The 2015 Paris Agreement on Climate Change aimed...Ch. 13 - Good corporate citizenship ________. A. Is...Ch. 13 - According to the World Commission on Environment...Ch. 13 - Sustainability reporting can incorporate which of...Ch. 13 - What caused Union Carbides deadly gas leak in...Ch. 13 - Nestlés reputation was damaged when the company...Ch. 13 - Which form of energy is renewable? A. solar B. oil...Ch. 13 - Which of the following types of reporting does the...Ch. 13 - Which of the following best defines stakeholders?...
Ch. 13 - Which of the following statements is most often...Ch. 13 - Which standards are considered universal under the...Ch. 13 - The SASB view on materiality has been adapted from...Ch. 13 - The fundamental tenets of SASBs Approach are...Ch. 13 - How many broad categories of capital are...Ch. 13 - What is sustainability and how might corporations...Ch. 13 - What is the value of triple bottom line reporting...Ch. 13 - What type of information do you think an oil...Ch. 13 - Identify four different stakeholders In need of...Ch. 13 - How might a business interact with each of the...Ch. 13 - Contrast the investment risk potentials of an...Ch. 13 - There are currently no formal mandatory...Ch. 13 - Explain the role and purpose of the Global...Ch. 13 - Explain the role and purpose of the Sustainability...Ch. 13 - Explain the role and purpose of the Integrated...
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Similar questions
- Sustainability reporting can incorporate which of the following? A. environmental reporting B. social reporting C. business viability reporting D. all of the abovearrow_forwardBeginning with strategy, which of the following items lists the areas of the business sustainability cycle in the correct order in which they should be performed? (Note: Not all areas are contained in each list.) a. Sustainability assurance, sustainability reporting, risk management, performance measurement b. Performance measurement, risk management, sustainability reporting, stakeholder engagement c. Stakeholder engagement, risk management, sustainability assurance, performance measurement d. Risk management, stakeholder engagement, sustainability reporting, sustainability assurance e. Stakeholder engagement, risk management, performance measurement, sustainability reportingarrow_forwardExplain the role and purpose of the Sustainability Accounting Standards Board.arrow_forward
- Explain how performance measurement can help improve an organization's business sustainability efforts.arrow_forwardProvide examples of how management accounting systems might be modified to enable an organisation to participate in sustainability reporting efforts.arrow_forward1.Why are SASB standards required in the business world? 2. What is the goal of sustainability accounting and disclosure?arrow_forward
- Each group should identify one public company’s product to evaluate. The team should gather all the information it can about the product. Requirement Develop a list of key performance indicators for the product.arrow_forwardClassify the performance measures below into the most likely balanced scorecard perspective itrelates to. Label your answers using C (customer), P (internal process), I (innovation and growth), or F(financial). Employee sustainability training sessions attendedarrow_forwardExplain three reasons in favour of reporting social and environmental risks in a company’s sustainability reportarrow_forward
- Identify four different stakeholders in need of sustainability information and fully explain how their actions might affect a business. NOTE: You are to number the four stakeholders and separate them by paragraphs. NOTE- The minimum of 50-100 words is per paragraph.arrow_forwardClassify the performance measures below into the most likely balanced scorecard perspective towhich it relates: customer (C), internal processes (P), innovation and growth (I), or financial (F). Sustainability training workshops heldarrow_forwardSuppose you are tasked to construct and evaluate complex financial statements, including those relating to group accounts, to show an organization's financial position and performance. How do SASB standards relate to your task? What is the purpose of sustainability accounting and disclosure? Why are SASB standards needed in the business world?arrow_forward
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