Question 1

The Global ______ provides comprehensive sustainability reporting metrics for organizations to promote economic, environmental, and social sustainability.

Accepted Answer

A)  Union 
B)  Response Network 
C)  Reporting Initiative 
D)  Water Protocol

Question 2

How does PUMA's Environmental Profit & Loss natural capital accounting tool use life-cycle assessment? Include all four steps of the life-cycle assessment process.

Accepted Answer

The answer of How does PUMA's Environmental Profit & Loss...

Question 3

The Information-Driven Sustainable Business Model is a continual process of information gathering, internal analysis, ______ and stakeholder feedback that enables a company to be responsive to stakeholder concerns while meeting its own performance goals.

Accepted Answer

A)  Product innovation 
B)  Public disclosure 
C)  Internal control 
D)  Third-party verification

Question 4

The Global ______ Initiative (GRI) provides comprehensive sustainability disclosure frameworks for organizations to promote economic, environmental, and social sustainability.

Accepted Answer

The answer of The Global ______ Initiative (GRI) provides comprehensive...

Question 5

______ was designed to improve consumer access to information about products by providing a numerical rating of social and environmental attributes associated with each product.

Accepted Answer

A)  GoodGuide 
B)  Green Atlas 
C)  Sustainable Buyer's Guide 
D)  Handbook for the Informed Consumer

Question 6

The World Resources Institute developed ______, an online global database of local and global water risk indicator metrics and reporting standards.

Accepted Answer

A)  Blue Atlas 
B)  GoodGuide 
C)  Groundwater footprinting 
D)  Aqueduct

Question 7

Natural capital accounting means measuring and reporting the environmental externalities of business in order to inform business decision-making and to manage the risks of natural resource ______.

Accepted Answer

A)  Co-generation 
B)  Surplus 
C)  Dependency 
D)  Conservation

Question 8

The Information-Driven Sustainable Business Model uses a continual process of monitoring and ______ information that enables a company to be responsive to stakeholder concerns and environmental considerations while meeting its own performance goals.

Accepted Answer

The answer of The Information-Driven Sustainable Business Model uses a...

Question 9

The role of finance officers in promoting transparency with respect to environmental performance is to include ______ dependency in risk and materiality assessments, and to disclose material environmental issues to investors.

Accepted Answer

A)  Human resources 
B)  Supplier 
C)  Natural capital 
D)  Welfare

Question 10

Water ______ tools measure water use, polluted water discharge, and water- related business risks across a variety of geographic contexts and industry sectors.

Accepted Answer

The answer of Water ______ tools measure water use, polluted...

Question 11

The SEC's general risk disclosure obligations require all publicly traded companies to follow a process known as Management's ______ of Financial Condition and Results of Operations (MD&A).

Accepted Answer

A)  Decision and Application 
B)  Dedication and Announcement 
C)  Directive and Authorization 
D)  Discussion and Analysis

Question 12

The metaphor, "from cradle to ______," describes the scope of product life-cycle assessment.

Accepted Answer

A)  Cane 
B)  Table 
C)  Boardroom 
D)  Grave

Question 13

What issues should a company consider before responding to an advocacy organization's request for information about its sustainability performance?

Accepted Answer

The answer of What issues should a company consider before...

Question 14

Greenhouse gas ______ is a tool for organizations to determine the quantity and source of carbon dioxide emissions.

Accepted Answer

A)  Footprinting 
B)  Emissions 
C)  Storage 
D)  Reductions

Question 15

The Information-Driven Sustainable Business Model has four elements: external data, ______, public disclosures, and stakeholder feedback.

Accepted Answer

A)  Internal analysis 
B)  Strategy formulation 
C)  Product innovation 
D)  Financial reporting

Question 16

This metric, ______ from sustainable products, allows companies to get a clear picture of the return on investment into sustainable innovation.

Accepted Answer

A)  Cost 
B)  Stakeholder feedback 
C)  Internal analysis 
D)  Revenue share

Question 17

______ emissions, especially carbon dioxide, represent a company's contribution to atmospheric pollution.

Accepted Answer

A)  Water pollution 
B)  Hazardous waste 
C)  Greenhouse gas 
D)  Local

Question 18

Information is ______ if there is a substantial likelihood that a reasonable investor would consider it important to an investment decision.

Accepted Answer

A)  Available 
B)  Material 
C)  Public 
D)  Confidential

Question 19

When the impacts of environmental issues are measurable in financial terms, they can and should be included as quantitative elements in business accounts by ______ professionals.

Accepted Answer

A)  Customer service 
B)  Retail 
C)  Educated 
D)  Finance and accounting

Question 20

The ISO ______ series, titled Guidance on Social Responsibility, provides a process to ensure business decisions affecting society or the environment are made ethically and transparently.

Accepted Answer

A)  9000 
B)  14000 
C)  26000 
D)  12000

Exam 5: Metrics, Tools, and Reporting: The Role of Finance and Accounting