Managerial Accounting, Student Value Edition Plus NEW MyLab Accounting with Pearson eText -- Access Card Package (4th Edition)
4th Edition
ISBN: 9780133849332
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 15, Problem 1QC
To determine
To identify: The correct option from the given statements.
Expert Solution & Answer
Answer to Problem 1QC
Option a. Ecologic is the correct option for not being related to sustainability.
Explanation of Solution
Any company can maintain the sustainability in the long run with the three pillars of social, economic, & environmental factors. These factors are interrelated and can be proved profitable for the business if used in complete coordination.
- a. Ecologic is the correct option. The three pillars of sustainability include social, environment, & economic. Ecologic is not included in the three factors.
- b. Social is the incorrect option. Social factor should also be considered while maintaining the sustainability of the company’s performance in the long run. The organization must give due consideration to the effect of the operation on the society and people.
- c. The environment is the incorrect option. While assessing the different impacts of organizational operations, what impact will be there on the environment from such activities also needs to be considered as one of the sustainability efforts.
- d. Economic is the incorrect option. What is company’s ability to generate economic profits come first among the three bottom liners of the sustainability. If the company’s performance is profitable then only it can survive in long run and needs to be considered for sustainability.
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Chapter 15 Solutions
Managerial Accounting, Student Value Edition Plus NEW MyLab Accounting with Pearson eText -- Access Card Package (4th Edition)
Ch. 15 - Prob. 1QCCh. 15 - Prob. 2QCCh. 15 - Prob. 3QCCh. 15 - Prob. 4QCCh. 15 - Prob. 5QCCh. 15 - Prob. 6QCCh. 15 - Prob. 7QCCh. 15 - Prob. 8QCCh. 15 - Prob. 9QCCh. 15 - Prob. 10QC
Ch. 15 - Prob. 15.1SECh. 15 - Prob. 15.2SECh. 15 - Prob. 15.3SECh. 15 - Prob. 15.4SECh. 15 - Prob. 15.5SECh. 15 - Prob. 15.6SECh. 15 - S15-7 Define key sustainability terms (Learning...Ch. 15 - Prob. 15.8SECh. 15 - Prob. 15.9AECh. 15 - Prob. 15.10AECh. 15 - Prob. 15.11AECh. 15 - Prob. 15.12AECh. 15 - Prob. 15.13AECh. 15 - Prob. 15.14AECh. 15 - E15-15A Sustainability and CVP concepts (Learning...Ch. 15 - Prob. 15.16AECh. 15 - Prob. 15.17AECh. 15 - Prob. 15.18AECh. 15 - Prob. 15.19AECh. 15 - Prob. 15.20AECh. 15 - Prob. 15.21AECh. 15 - Prob. 15.22AECh. 15 - Prob. 15.23BECh. 15 - Prob. 15.24BECh. 15 - Prob. 15.25BECh. 15 - Prob. 15.26BECh. 15 - Prob. 15.27BECh. 15 - Prob. 15.28BECh. 15 - E15-29B Sustainability and CVP concepts (Learning...Ch. 15 - Prob. 15.30BECh. 15 - Prob. 15.31BECh. 15 - Prob. 15.32BECh. 15 - Prob. 15.33BECh. 15 - Prob. 15.34BECh. 15 - Prob. 15.35BECh. 15 - Prob. 15.36BECh. 15 - Prob. 15.37APCh. 15 - Prob. 15.38APCh. 15 - Prob. 15.39BPCh. 15 - Prob. 15.40BPCh. 15 - Discussion Questions 1. Pressure to become more...Ch. 15 - Corporate Sustainability Reports Note: In the...Ch. 15 - Sustainability and investment choices...Ch. 15 - Prob. 15.44ACTCh. 15 - Prob. 15.45ACT
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