According to the text, the triple bottom line approach to corporate accounting includes which three components?

A. financial, organizational, and customer
B. financial, environmental, and social
C. financial, organizational, and psychological
D. financial, environmental, and customer


Answer: B

Business

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Customers having substantial year-end past due balances fail to reply after second request confirmation forms have been mailed directly to them. Which of the following is the most appropriate audit procedure?

A. Review collections during the year being examined. B. Examine shipping documents. C. Intensify the study of the entity's system of internal control with respect to receivables. D. Increase the balance in the allowance for uncollectible accounts.

Business

In the five forces model the ________ that companies compete against one another for customers, the ___ the level of profits is likely to be for that industry

Business

A material requisition form should show all of the following information except:

a. Job number. b. Quantity required. c. Unit cost. d. Purchase order number.

Business

Acceptance of goods precludes the buyer or lessee from exercising the right of rejection.?

Indicate whether the statement is true or false

Business