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Question

_______ is the process of identifying, quantifying, measuring and reporting social costs incurred and social benefits created by an enterprise.

A
Social Responsibility accounting
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B
Management accounting
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C
Human Resource accounting
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D
Responsibility accounting
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Solution

The correct option is C Social Responsibility accounting
The social responsibility accounting is the process of identifying, quantifying, measuring and reporting social costs incurred and social benefits created by an enterprise.
It is the process of communicating the social and environmental effects of organisation's economic actions to particular interest groups within society, and to society at large.

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