Which types of reports are used by stakeholders to evaluate a company's ability to respond to economic, environmental, and social challenges?
A)Financial accounting and regulatory reports
B)Tax reports
C)Management reports
D)Sustainability accounting reports

Question

Quizplus · Accepted Answer

Sustainability accounting reports provide information on a company's economic, environmental, and social performance, which is relevant for stakeholders to assess how well the company is responding to challenges in these areas. Financial accounting and regulatory reports are important for financial analysis, but do not provide specific information on sustainability measures. Tax reports are relevant for tax purposes, but not for sustainability evaluation. Management reports typically focus on internal performance and may not provide the level of detail or transparency needed for stakeholders to evaluate sustainability efforts.

Which Types of Reports Are Used by Stakeholders to Evaluate