Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
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Chapter 13, Problem 10MC
Which of the following best defines stakeholders?
A. investors and lenders
B. environmental groups
C. anyone directly or indirectly affected by the organization
D. groups or individuals financially impacted by the organization
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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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- Which standards are considered universal under the GRI? A. economic, environmental, social B. foundation, general disclosures, management approach C. foundation, economic, general disclosures D. management approach, economic, socialarrow_forwardThe objective of financial reporting places most emphasis on: Reporting to capital providers. Reporting on stewardship. Providing specific guidance related to specific needarrow_forwardDefine Legacy. Explain its treatment while preparing financial statements of a “Not– for –profit Organisation”.arrow_forward
- Which of the following types of reporting does the Triple Bottom Line not incorporate? management social environmental economicarrow_forward1.arrow_forwardDescribe the Enterprise Fund's disclosure requirements. Describe how the inclusion of this information benefits the end consumer of financial statements.arrow_forward
- Explain what the relationship between accounting and the broader social economic and environmental community is or should be. Discussion of relevant theory will assist your discussion.arrow_forwardExternal user group, often referred to as financial intermediaries. What does they include in their group?arrow_forwardAssess your organization's financial strategy's goals for financial management and the involvement of various stakeholders.arrow_forward
- The existence of significant influence by an investor is usually evidenced in one or more of the following ways, except: Representation on the board of directors or equivalent governing body of the investee Participation in the policy-making process The power to govern with financial and operational policies of the entity Provision of essential technical informationarrow_forwardFinancial statements help stakeholders in an investment environment to assess the performance of an investment venture. The most well-known financial statements are; the balance sheet, the income statement and the sources-and-uses-of-funds or cashflow Explain each of these statements and their relevance to the interests of the following stakeholders; Shareholders of an investment. Financial lending institutions. Project managersarrow_forwardExternal user group, often referred to as financial intermediaries. What does these users provides?arrow_forward
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