Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

APICS CSCP Exam - Topic 2 Question 73 Discussion

Posted by Leota on Aug 09, 2023 at 03:22 AM

Which of the following sustainability tools is most appropriate for managing environmental compliance with regulatory requirements?

Suggested Answer: A

Get Premium CSCP Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
37 comments · newest first
LE
Leontine 11 months ago
Not sure if that's the best choice, what about the UN Global Compact?
RO
Rodrigo 11 months ago
Totally agree, ISO 14000 is the standard we need!
BR
Brice 11 months ago
Wait, isn't ISO 26000 more about social responsibility?
RO
Ronny 11 months ago
I think GRI is more about reporting than compliance.
NI
Nickolas 12 months ago
Definitely ISO 14000 for compliance!
CA
Caitlin 12 months ago
The UN Global Compact seems more about broader principles, so I’m leaning towards ISO 14000 too, but I could be wrong.
ED
Edwin 12 months ago
I practiced a question like this, and I think ISO 26000 is more about social responsibility, not just environmental compliance.
GE
Gerri 1 year ago
I'm not entirely sure, but I remember the GRI is more about sustainability reporting than compliance.
DE
Dell 1 year ago
I think ISO 14000 is the right choice since it focuses specifically on environmental management systems.
NE
Nelida 1 year ago
Based on my understanding, "pure" mortality protection refers to insurance that provides coverage solely for the risk of death, without any additional features. I believe the correct answer is A, life insurance.
MI
Mirta 1 year ago
I think the answer is C - estimating a normalized level of economic earnings. The excess earnings method is used to determine the value of intangible assets, so it makes sense that it would be used to estimate a normalized level of earnings.
UL
Ula 1 year ago
I'm a bit unsure about this one. The options seem to cover different financial information, but I'm not sure which one specifically relates to the summary of significant accounting policies. I'll need to re-read the question and options carefully.
DE
Deonna 1 year ago
ISO 14000 - the 'environmental ISO' standard. Sounds like a perfect fit to me, unless you're feeling a bit 'UN-compliant' today.
OL
Olen 1 year ago
↳ replying to Deonna
C) ISO 26000
VE
Veda 1 year ago
↳ replying to Deonna
B) Global Reporting Initiative (GRI)
LE
Lettie 1 year ago
↳ replying to Deonna
A) ISO 14000
ST
Stephane 1 year ago
The United Nations Global Compact is a good framework, but it's more broad and not as targeted as ISO 14000 for managing environmental regulations.
VE
Vesta 1 year ago
↳ replying to Stephane
ISO 26000 focuses more on social responsibility, so it may not be as targeted for environmental compliance.
VO
Vonda 1 year ago
↳ replying to Stephane
Global Reporting Initiative (GRI) is also important for transparency in sustainability reporting.
AV
Avery 1 year ago
↳ replying to Stephane
I agree, ISO 14000 provides a specific framework for meeting regulatory requirements.
CH
Cherrie 1 year ago
↳ replying to Stephane
ISO 14000 is definitely the most appropriate for managing environmental compliance.
BE
Ben 1 year ago
↳ replying to Stephane
True, GRI can help with transparency and accountability in environmental practices.
JA
Jacquelyne 1 year ago
↳ replying to Stephane
Global Reporting Initiative (GRI) is also a good tool for sustainability reporting.
RO
Rose 1 year ago
↳ replying to Stephane
I agree, ISO 14000 provides a more specific focus on environmental regulations.
NI
Nikita 1 year ago
↳ replying to Stephane
ISO 14000 is definitely the way to go for managing environmental compliance.
PA
Paris 1 year ago
ISO 26000 is about social responsibility, not environmental compliance. Definitely not the right tool for this question.
BE
Bette 1 year ago
Global Reporting Initiative (GRI) seems more focused on reporting and disclosures rather than actual management of compliance.
JU
Junita 1 year ago
↳ replying to Bette
C) ISO 26000 also includes social responsibility aspects in addition to environmental management.
CA
Carma 1 year ago
↳ replying to Bette
A) ISO 14000 is specifically designed for managing environmental compliance.
AD
Adaline 2 years ago
I personally prefer the Global Reporting Initiative (GRI) because it provides a framework for reporting on sustainability performance.
TI
Timmy 2 years ago
I agree with Mica, ISO 14000 focuses specifically on environmental management.
DO
Dominga 2 years ago
I think ISO 14000 is the way to go here. It's specifically designed for environmental management and compliance.
JA
Jaime 1 year ago
↳ replying to Dominga
GRI is more about reporting sustainability performance, ISO 14000 is better for compliance.
RE
Renea 1 year ago
↳ replying to Dominga
What about Global Reporting Initiative (GRI)?
LU
Lucia 1 year ago
↳ replying to Dominga
I agree, ISO 14000 is focused on environmental management.
WI
Winfred 1 year ago
↳ replying to Dominga
ISO 14000 is a great choice for managing environmental compliance.
MI
Mica 2 years ago
I think the most appropriate tool is ISO 14000.
0/2000 characters

Save Cancel