In the context of the Integrated Reporting Framework which THREE of the following statements are correct?
A.
Under integrated reporting 'natural capital' refers to the renewable and non-renewable resources and processes which provide goods or services that support the organisation in the conduct of its business.
B.
An integrated report integrates economic, environmental and social reports and is issued alongside the annual financial statements.
C.
The primary purpose of an integrated report is to explain to providers of financial capital how an entity creates value over time.
D.
Sustainability reporting is an intrinsic component of an integrated report
E.
The primary purpose of an integrated report is to ensure that management take environmental issues into consideration when making decisions.
The Answer Is:
A, C, D
This question includes an explanation.
Explanation:
A – Correct definition of natural capital under .
C – States the primary purpose correctly: explaining value creation over time to providers of financial capital.
D – Sustainability information is a key component of an integrated report.
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