Social accounting:
A) Focuses strictly on firm performance
B) Describes social and environmental effects of a firm's actions on stakeholders
C) Has little relevance in the realm of corporate social responsibility
D) Is conducted by society to monitor firm activities
E) Minimizes organizational costs

Question

Quizplus · Accepted Answer

Social accounting involves reporting on the social and environmental impacts of a company's activities, which is a key aspect of corporate social responsibility.

Social Accounting