ACCA BT · Chapter 4 · Question 11 of 11
The 'triple bottom line' approach to reporting performance focuses on which three areas?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Social, environmental and economic performance
Explanation
The triple bottom line, often summarised as people, planet and profit, asks organisations to report on their social, environmental and economic impact rather than financial profit alone. The other options list financial measures, stakeholder groups and management functions respectively.
More Corporate governance and social responsibility MCQs
- Q2Which of the following is the most important role of independent non-executive directors on a company's board?
- Q3Which board committee is normally responsible for monitoring the integrity of the financial statements and overseeing the relationship…
- Q4Why is it generally recommended that the roles of chairman and chief executive officer be held by different individuals?
- Q5A 'comply or explain' approach to corporate governance is characteristic of which type of regime?
- Q6Which of the following would most clearly threaten the independence of a non-executive director?