Which of the Following Is Not a Reason Why Traditional

Multiple Choice

Which of the following is not a reason why traditional financial accounting may be unable to reflect the social and environmental impact of organisations?

A) Externalities are difficult to measure.
B) Traditional financial accounting typically discounts future liabilities to present value.
C) Accountants are unable to understand the social and environmental impacts of an organisation.
D) Traditional financial accounting adopts the 'entity assumption'.