A) Income, product and expenditure
B) Enterprise, households and government
C) Assets, liabilities and debt position
D) Public sector, Private sector and Joint sector
Correct Answer: A
Solution :
Social accounting is a method by which a firm seeks to place a value on the impact on society of its operations. It is a systematic analysis of the effects of the organisation on its share- holders, with stakeholder input as part of the data that are analysed for the accounting statement. One social accounting system primarily attempts to measure National Income, final product, consumption and accumulation of capital.
You need to login to perform this action.
You will be redirected in
3 sec
