Exam 15: Accounting for Sustainability Social Reporting,environmental Reporting and Management Accounting

Which of the following is not an example of environmental performance in a triple bottom line report?

All of the following statements are true except:

Which sustainability framework highlights the link between sustainability actions and long-term financial performance?

Which of the following expenses is most likely to be an external failure cost?

Sustainability accounting practices can be categorised into:

Sustainability value chains attempt to show how:

Which of the following is an example of social performance in a triple bottom line report?

How might the distribution,sales/marketing,re-use and recycling stages of a value chain be considered from a sustainability perspective? Please use Woolworths (a large Australian grocery chain)to illustrate examples.

Which of the following statements is an example of economic performance in a triple bottom line report?

Which of the following stakeholders of an organisation are most likely to be directly impacted by its external costs?

Companies focusing on sustainability value chains tend to consider which of the following concerns?

Which of the following elements does not relate to the environmental aspect of triple bottom line reporting?

What are prevention environmental costs? Please explain with an example.

Which of the following statements is true?

Why is triple bottom line reporting more comprehensive in its measurement of performance than traditional financial reporting?

Explain the main factors that might be considered by the Harvey Norman organisation (a large electronics retailer),if they were to implement a triple bottom line report:

Which of the following decisions most involves the consideration of social sustainability practices,from an accounting perspective?

Which of the following elements relates to the social aspect of triple bottom line reporting?

Triple bottom line reporting considers:

The James Hardie Corporation has been supplying building materials since the early to mid 20th century.Its earlier products used asbestos,a material we now know to be toxic and dangerous to those that come into contact with it.As a consequence of the ill health suffered by its employees,James Hardie incurred significant environmental costs,which it continues to be held accountable for even today.It is doing its best to minimise these adverse costs,but they often nevertheless must be incurred. Please identify any possible prevention,appraisal,internal failure and external failure costs that might have to be considered by James Hardie.