Some areas and aspects of social and economic life are not governed by any formal regulation

There obviously cannot be a rule for every single aspect

Rules normally set too specific requirements for organisations

Regulations are frequently developed with a considerable time lag behind changes in social values

Costs or benefits affecting a third party, while imposing no cost on the organization

Benefits for shareholders

Benefits for stakeholders

None of the above

Pressure

Power

Urgency

Legitimacy

Social licence is a substitute for legal licence

Social licence is

the approval granted by the the Government

Social licence is also labelled organisational legitimacy

None is correct

Financial materiality is easy to identify in a numerical way

Non-financial materiality can be subjective

Non-financial materiality is often declined as double-materiality

All are correct

An investor would expect higher returns when taking on lower risk

An investor would expect higher returns when taking on higher risk

An investor would expect lower returns when taking on higher risk

One should never invest in a business that has debt, because of the associated risk

Fixed asset turnover

Current ratio

Asset turnover

ROE

See whether value has indeed been created, and to predict whether the business will continue to do create value

Identify whether the business offers stable job prospects to an employee

Evaluate the business's credit risk

All answers are correct

Days inventory

Settlement period

Fixed asset turnover

Collection period

Asset efficiency

Operating cash flow

Profitability

Leverage