Which of the following statements regarding CSR and sustainability reporting is false? a.The Global Reporting Initiative is an international organization that develops the use of sustainability reporting standards. b.Generally accepted accounting principles require firms to report CSR and sustainability efforts. c.Many corporations use a triple bottom line approach to sustainability reporting. d.The triple bottom line approach includes financial, social, and environmental performance components.
Which of the following statements regarding CSR and sustainability reporting is false? a.The Global Reporting Initiative is an international organization that develops the use of sustainability reporting standards. b.Generally accepted accounting principles require firms to report CSR and sustainability efforts. c.Many corporations use a triple bottom line approach to sustainability reporting. d.The triple bottom line approach includes financial, social, and environmental performance components.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following statements regarding CSR and sustainability reporting is false?
a.The Global Reporting Initiative is an international organization that develops the use of sustainability reporting standards.
b.Generally accepted accounting principles require firms to report CSR and sustainability efforts.
c.Many corporations use a triple bottom line approach to sustainability reporting.
d.The triple bottom line approach includes financial, social, and environmental performance components.
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