Which of the Following Statements Is Not Correct in Relation

Multiple Choice

Which of the following statements is not correct in relation to corporate social responsibility (CSR) reporting?

A) Social responsibility is the responsibility of an organisation for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour.
B) There has been a decline in the number of Australian companies presenting information on socially responsible activities.
C) Currently there are no accounting standards requiring CSR reporting by Australian companies.
D) It is likely that CSR reporting will continue to be driven by community concerns with global warming and the impact of company activities on the environment.