MyLab Accounting with Pearson eText -- Access Card -- for Managerial Accounting (My Accounting Lab)
MyLab Accounting with Pearson eText -- Access Card -- for Managerial Accounting (My Accounting Lab)
5th Edition
ISBN: 9780134161648
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Textbook Question
Chapter 15, Problem 1QC

(Learning Objective 1) Which of the following is not one of the three factors related to sustainability?

  1. a. Ecologic
  2. b. Social
  3. c. Environment
  4. d. Economic
Expert Solution & Answer
Check Mark
To determine

To identify: The correct option from the given statements.

Answer to Problem 1QC

Option a. Ecologic is the correct option for not being related to sustainability.

Explanation of Solution

Any company can maintain the sustainability in the long run with the three pillars of social, economic, & environmental factors. These factors are interrelated and can be proved profitable for the business if used in complete coordination.

  1. a. Ecologic is the correct option. The three pillars of sustainability include social, environment, & economic. Ecologic is not included in the three factors.
  2. b. Social is the incorrect option. Social factor should also be considered while maintaining the sustainability of the company’s performance in the long run. The organization must give due consideration to the effect of the operation on the society and people.
  3. c. The environment is the incorrect option. While assessing the different impacts of organizational operations, what impact will be there on the environment from such activities also needs to be considered as one of the sustainability efforts.
  4. d. Economic is the incorrect option. What is company’s ability to generate economic profits come first among the three bottom liners of the sustainability. If the company’s performance is profitable then only it can survive in long run and needs to be considered for sustainability.

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Chapter 15 Solutions

MyLab Accounting with Pearson eText -- Access Card -- for Managerial Accounting (My Accounting Lab)

Ch. 15 - Prob. 15.1SECh. 15 - Identify aspects within each G4 category on a GRI...Ch. 15 - Identify aspects within each G4 Social subcategory...Ch. 15 - Prob. 15.4SECh. 15 - Prob. 15.5SECh. 15 - Prob. 15.6SECh. 15 - Define key sustainability terms (Learning...Ch. 15 - Prob. 15.8SECh. 15 - Prob. 15.9AECh. 15 - Prob. 15.10AECh. 15 - Prob. 15.11AECh. 15 - Prob. 15.12AECh. 15 - Prob. 15.13AECh. 15 - Sustainability and cost behavior (Learning...Ch. 15 - Prob. 15.15AECh. 15 - Prob. 15.16AECh. 15 - Sustainability and budgeting (Learning Objective...Ch. 15 - Prob. 15.18AECh. 15 - Prob. 15.19AECh. 15 - Sustainability and capital investments (Learning...Ch. 15 - Sustainability and the statement of cash flows...Ch. 15 - Prob. 15.22AECh. 15 - Prob. 15.23BECh. 15 - Prob. 15.24BECh. 15 - Prob. 15.25BECh. 15 - Prob. 15.26BECh. 15 - Sustainability and process costing (Learning...Ch. 15 - Prob. 15.28BECh. 15 - Sustainability and CVP concepts (Learning...Ch. 15 - Prob. 15.30BECh. 15 - Prob. 15.31BECh. 15 - Prob. 15.32BECh. 15 - Prob. 15.33BECh. 15 - Sustainability and capital investments (Learning...Ch. 15 - Prob. 15.35BECh. 15 - Prob. 15.36BECh. 15 - Prob. 15.37APCh. 15 - Prob. 15.38APCh. 15 - Prob. 15.39BPCh. 15 - Prob. 15.40BPCh. 15 - Each year for the past six years, Caesars...Ch. 15 - Discussion Questions 1. Pressure to become more...Ch. 15 - Corporate Sustainability Reports Note: In the...Ch. 15 - Sustainability and investment choices...Ch. 15 - Ethics of internal sustainability reporting...Ch. 15 - FirstEnergy and its sustainability report...
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