Sustainability accounting collects information for which two general purposes?

Question

Quizplus · Accepted Answer

Sustainability accounting serves two general purposes: making decisions and evaluating performance. This includes making decisions about resource allocation, identifying areas where the organization can improve its sustainability practices, and evaluating the effectiveness of sustainability initiatives that have already been implemented. Evaluating performance is important to ensure that sustainability goals are being met and to identify areas where the organization can improve its sustainability practices. Reporting to investors and governmental agencies may be a part of these purposes, but they are not the only purposes of sustainability accounting.

Sustainability Accounting Collects Information for Which Two General Purposes