Pretend you are a junior managerial accountant.Your supervisor has no knowledge of sustainability accounting.All of the following statements would be convincing arguments to advocate for the importance of sustainability accounting,except one.Which one?
A)Sustainability accounting reflects the changing nature of accountability.
B)Companies are only accountable to shareholders and shareholders care about sustainability.
C)Companies are accountable to the world at large,not simply to shareholders.
D)Sustainability accounting does not replace the emphasis on financial results;rather it complements financial strength in building a strong company for the future.

Question

Quizplus · Accepted Answer

While it is true that shareholders increasingly care about sustainability, it is not always the sole reason for companies to engage in sustainability accounting. The other statements suggest that sustainability accounting is reflective of changing accountability standards, recognizes the broader responsibilities companies have beyond just financial results, and complements financial strength in building a strong company for the future.

Pretend You Are a Junior Managerial Accountant