Question 1

An emissions trading scheme:

Accepted Answer

A)  Allows the trade of excess emissions permits.
B)  Usually involves substantial fines for excessive polluters.
C)  Can also be referred to as a 'cap and trade' scheme.
D)  All of the above.E) None of the above
F) A) and C)

Question 2

Which of the following terms is commonly used to mean Sustainability Reporting?

Accepted Answer

A)  Environmental,Social and Governance Reporting.
B)  Triple Bottom Line Reporting.
C)  Corporate Social Reporting.
D)  All of the above.E) C) and D)
F) All of the above

Question 3

ISO 14001 Environmental Management requires certifying companies to assess environmental performance against:

Accepted Answer

A)  Industry benchmarks.
B)  Government set standards.
C)  Internally developed policies,objectives and targets.
D)  Internationally established values.E) All of the above
F) A) and D) C

Question 4

The three parts of the triple bottom line are:

Accepted Answer

A)  Economic,Environmental and Social.
B)  Economic,Stakeholder and Employee.
C)  Financial,Economic and Government.
D)  Financial,Customer and Government.E) B) and D)
F) B) and C)

Question 5

The Kyoto Protocol:

Accepted Answer

A)  Commits countries to achieving specific greenhouse gas emissions reductions.
B)  Forbids trading in greenhouse gases.
C)  Sets standards on corporate reporting of carbon emissions.
D)  All of the above.E) B) and C)
F) None of the above

Question 6

The International Integrated Reporting Committee was formed by which two bodies?

Accepted Answer

A)  UNHCR and IASB.
B)  GRI and A4S.
C)  NGO and GRI.
D)  IASB and FASB.E) C) and D)
F) B) and D)

Question 7

Stakeholder power is general considered to relate to which of the following factors?

Accepted Answer

A)  How vocal they are prepared to be.
B)  The degree of control they have over resources required by the organisation.
C)  The amount of impact the organisation has on them.
D)  None of the above.E) All of the above
F) B) and C)

Question 8

Climate change has the ability to impact on traditional financial accounting in what way?

Accepted Answer

A)  Asset Impairment.
B)  Risk disclosure.
C)  Liability valuation.
D)  All of the above.E) A) and D)
F) None of the above

Question 9

An EMS is a:

Accepted Answer

A)  Ecological Maintained Source.
B)  Environmental Management System.
C)  Emissions Measurement Scheme.
D)  Ethical Mission Statement.E) All of the above
F) B) and C) B

Question 10

Which of the following statements about Intragenerational Equity is NOT true:

Accepted Answer

A)  It is concerned with poverty and access to food,water and shelter.
B)  It is an important component of eco-justice.
C)  It means that future generations should not have a lower quality of life.
D)  None of the above,i.e.they are all true.E) A) and D)
F) All of the above

Question 11

Ethical investment funds might be concerned about how individual companies address climate change because:

Accepted Answer

A)  They believe companies that address environmental risks will perform better in the long run.
B)  They believe carbon emissions proxy for economic performance.
C)  They don't want to invest money on companies that waste money.
D)  None of the above.E) A) and C)
F) None of the above

Question 12

The Brundtland report defined sustainable development as "development that…":

Accepted Answer

A)  meets the needs of the future without compromising the ability of current generations to meet their own needs.
B)  meets the needs of the present without compromising the ability of future generations to meet their own needs.
C)  allows all people to meet their needs to an equal degree.
D)  continues at the current pace,neither increasing nor decreasing into the foreseeable future.E) B) and C)
F) None of the above

Question 13

The UN's Principles of Responsible Investment have main been adopted by which types of organisations?

Accepted Answer

A)  Institutional Investors.
B)  Governments.
C)  Mining Companies.
D)  Builders.E) C) and D)
F) A) and D)

Question 14

According to the research undertaken to date,what is the relationship between environmental performance and disclosure of corporations?

Accepted Answer

A)  Good performers have good disclosure,but no relationship has been found for poor performers.
B)  Poor performers have good disclosure,but no relationship has been found for good performers.
C)  Poor performers have poor disclosure,but no relationship has been found for good performers.
D)  Research has not drawn any clear conclusions.E) B) and C)
F) B) and D)

Question 15

The IASB project on Accounting for Carbon Emissions:

Accepted Answer

A)  Is currently an Exposure Draft (ED133/
A)  .
B)  Part of the IASB research program.
C)  Is complete with the release of IFRS 4.
D)  Does not exist.E) All of the above
F) C) and D) B

Question 16

In regards to the Global Reporting Initiative (GRI) ,Which of the following is true:

Accepted Answer

A)  it was launched in 1997 as an initiative to develop a globally accepted reporting framework.
B)  it includes 55 core indicators and 29 additional indicators across environmental,economic and social performance areas.
C)  it is the most widely recognised and commonly used guidelines for sustainability reporting.
D)  all of the above.E) All of the above
F) A) and D)

Question 17

Which of the following is NOT considered a stakeholder with potential interests in corporate sustainability?

Accepted Answer

A)  Government.
B)  Media.
C)  Banks.
D)  None of the above i.e.They are all potential interested in corporate sustainability.E) A) and D)
F) None of the above

Exam 11: Sustainability and Environmental Accounting

An emissions trading scheme:

Correct Answer
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Which of the following terms is commonly used to mean Sustainability Reporting?

Correct Answer
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ISO 14001 Environmental Management requires certifying companies to assess environmental performance against:

Correct Answer
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C

The three parts of the triple bottom line are:

Correct Answer
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The Kyoto Protocol:

Correct Answer
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The International Integrated Reporting Committee was formed by which two bodies?

Correct Answer
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Stakeholder power is general considered to relate to which of the following factors?

Correct Answer
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Climate change has the ability to impact on traditional financial accounting in what way?

Correct Answer
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An EMS is a:

Correct Answer
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B

Which of the following statements about Intragenerational Equity is NOT true:

Correct Answer
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Ethical investment funds might be concerned about how individual companies address climate change because:

Correct Answer
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The Brundtland report defined sustainable development as "development that…":

Correct Answer
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The UN's Principles of Responsible Investment have main been adopted by which types of organisations?

Correct Answer
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According to the research undertaken to date,what is the relationship between environmental performance and disclosure of corporations?

Correct Answer
verified

The IASB project on Accounting for Carbon Emissions:

Correct Answer
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B

In regards to the Global Reporting Initiative (GRI) ,Which of the following is true:

Correct Answer
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Which of the following is NOT considered a stakeholder with potential interests in corporate sustainability?

Correct Answer
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Exam 11: Sustainability and Environmental Accounting

An emissions trading scheme:

Correct AnswerverifiedShow Answer

Which of the following terms is commonly used to mean Sustainability Reporting?

Correct AnswerverifiedShow Answer

ISO 14001 Environmental Management requires certifying companies to assess environmental performance against:

Correct AnswerverifiedC

The three parts of the triple bottom line are:

Correct AnswerverifiedShow Answer

The Kyoto Protocol:

Correct AnswerverifiedShow Answer

The International Integrated Reporting Committee was formed by which two bodies?

Correct AnswerverifiedShow Answer

Stakeholder power is general considered to relate to which of the following factors?

Correct AnswerverifiedShow Answer

Climate change has the ability to impact on traditional financial accounting in what way?

Correct AnswerverifiedShow Answer

An EMS is a:

Correct AnswerverifiedB

Which of the following statements about Intragenerational Equity is NOT true:

Correct AnswerverifiedShow Answer

Ethical investment funds might be concerned about how individual companies address climate change because:

Correct AnswerverifiedShow Answer

The Brundtland report defined sustainable development as "development that…":

Correct AnswerverifiedShow Answer

The UN's Principles of Responsible Investment have main been adopted by which types of organisations?

Correct AnswerverifiedShow Answer

According to the research undertaken to date,what is the relationship between environmental performance and disclosure of corporations?

Correct AnswerverifiedShow Answer

The IASB project on Accounting for Carbon Emissions:

Correct AnswerverifiedB

In regards to the Global Reporting Initiative (GRI) ,Which of the following is true:

Correct AnswerverifiedShow Answer

Which of the following is NOT considered a stakeholder with potential interests in corporate sustainability?

Correct AnswerverifiedShow Answer

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C

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B

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B

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