Which of the following statements is not correct about using the balanced scorecard for sustainability accounting?
A)The company could add an additional category to the existing balanced scorecard to capture sustainability objectives and metrics.
B)The company could create a separate balanced scorecard that focuses exclusively on sustainability objectives and metrics within the existing categories.
C)The company could focus exclusively on short-term metrics,creating sustainability in its operations.
D)The company could incorporate sustainability metrics within the existing balanced scorecard.

Question

Quizplus · Accepted Answer

Focusing exclusively on short-term metrics goes against the principles of sustainability accounting, which emphasizes long-term objectives and impacts. Therefore, the statement that the company could focus exclusively on short-term metrics is not correct when it comes to using the balanced scorecard for sustainability accounting. The other options are all valid approaches to incorporating sustainability into the balanced scorecard.

Which of the Following Statements Is Not Correct About Using