_________refers to meeting the needs of the current generation without compromising the ability of future generations to meet their needs
A. Sustainability
B. Responsibility
C. Accountability
D. Principles
A. Sustainability
You might also like to view...
Marlin Company has all of the special journals that were described in your text (other than the voucher register) as a part of its accounting system. Which of the following journal entries would therefore be recorded in Marlin's general journal?
A) an entry to record the sale of merchandise on credit B) an entry to record the purchase of merchandise on credit C) an entry to record the return of defective purchased merchandise for credit D) an entry to record a cash purchase of merchandise
Dapper Hat Makers is in the business of designing and producing specialty hats. The material used for derbies costs $4.50 per unit, and Dapper pays each of its two full-time employees $250 per week. If Employee A makes 15 derbies in one week, what is the variable cost per derby? (Round to two decimal places where necessary.)
a. $4.50 b. $15.00 c. $16.67 d. $21.17
IBM manager Celia Moore coordinates IBMs long-standing "Reinventing Education" program that involves intensive research into how educational institutions can use the fruits of new technologies to transform what they do
In the process, the program is actually helping to shape a market of significant interest to IBM. "We see the program very much as an investment, rather than handing out money," says Moore. The existence of this program most strongly suggests that IBM has which of the following? A) an environmental concept B) a financial bottom line C) a marketing code of ethics D) a consumerist orientation E) a policy of corporate social responsibility
Illustrate with examples how cost definitions are independent and context sensitive. In other words, indicate how a cost can be classified as fixed or variable and direct or indirect, depending on the situation.
What will be an ideal response?