A firm that wants to be considered transparent and accountable should expand the scope of its annual report to incorporate
A)externalized costs.
B)internalized costs.
C)the triple bottom line.
D)executive compensation information.

Question

Quizplus · Accepted Answer

The triple bottom line includes reporting on not just financial performance, but also social and environmental impacts. This comprehensive reporting approach demonstrates a commitment to transparency and accountability beyond just financial metrics. Options A and B may also be important to include in a company's reporting, but are not as comprehensive as the triple bottom line. Executive compensation information may be included as a component of financial reporting, but may not necessarily indicate a commitment to transparency and accountability in other areas.

A Firm That Wants to Be Considered Transparent and Accountable