At a recent St Louis town hall meeting, citizens expressed concern regarding the impact of a proposed new riverboat casino. The owner of the proposed St. Louis Blues Casino responded, "I don't know what all of this fuss is about. I'm just a businessman trying to earn a profit, provide new jobs, and pay taxes." His response reflects an overall commitment to corporate social responsibility. True False

False.

Explanation:

This issue is false, because corporate social governance is a system by which organizations are managed and controlled and involves the relationship between the company and stakeholders, such as government, partners, society, supervisory bodies, board of directors, etc.

So the owner of St. Louis Blues Casino replied that he is unaware of the citizens' concern about the impact of a proposed new river casino and that he is just an entrepreneur trying to make a profit, create new jobs and pay taxes, it follows that this The Casino owner's response does not correspond to a general commitment to corporate social responsibility. For the entrepreneur must be the first to know all the issues involved in opening a new business, such as the limitations and negative externalities of a location.

An attitude of social and corporate responsibility involves the processes, conduct, policies, customs and alignment of business with the interests of stakeholders.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.