What is the author’s view about companies’ documentation of CSR initiatives?

It is the ideal way to earn customer loyalty and set a good example for small businesses.

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It is a waste of time as neither consumers nor companies bother to determine their validity.

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It should be mandatorily incorporated in the statement of accounts of any firm.

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None of these

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Solution

The correct option is A
It is the ideal way to earn customer loyalty and set a good example for small businesses.

It is the ideal way to earn customer loyalty and set a good example for small businesses

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Q. Read the following passage carefully and answer the questions given below it. Certain words have been printed in bold to help you locate them while answering some of the questions.
What is the author's view about companies documentation of CSR initiatives?

Q. A company manufacturing consumer goods has grown in size. It was a market leader but with changes in economic environment and with the entry of MNCs its market scheme is declining. The company was following a centralized business model as even the minor decisions were in the hands of top level. Before 1991 this model was suitable for company but now company is under pressure to reform.
What organisational structure changes should the company bring about in order to retain its market share?

Q3. Consider the following statements about E-way bill:

1. It is an electronic documentation detailing the movement of goods and has to be carried by 2. transporters for any consignment exceeding Rs50,000 in value.

2. It will be made compulsory for the moving goods within a state.

Which of the statements are correct?

A company using the accrual method of accounting performed services in August. The services were for Rs 2,000 and the company gave the customer credit terms that state the amount is to be paid to the company in September. In September when the company receives Rs 2,000 from the customer, which account should the company credit?

A company using the accrual method of accounting performed services in August. The services were for Rs 2,000 and the company gave the customer credit terms that state the amount is to be paid to the company in September.
In September when the company receives Rs 2,000 from the customer, which account should the company debit?

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What is the author’s view about companies’ documentation of CSR initiatives?

The correct option is A It is the ideal way to earn customer loyalty and set a good example for small businesses. It is the ideal way to earn customer loyalty and set a good example for small businesses

The correct option is A
It is the ideal way to earn customer loyalty and set a good example for small businesses.

It is the ideal way to earn customer loyalty and set a good example for small businesses