CESGA Module 5 2025 Questions and Answers

CESGA Module 5 2025 Questions and
Answers


One of the following is not true for reporting regulations:

a) Reporting standards (Financial, Non-Financial)

b) Government-imposed requirement

c) Compliance is mandatory

d) These reporting regulations specify who, what, when and where has to be

reported or specify the regime/standard that has to be applied - ....ANSWER☑️☑️...-

a)

Which of the following is the acronym of the Task Force Climate-related Financial

Disclosure?

a) TFCD

b) TCFD

c) TFFD

d) TDCF - ....ANSWER☑️☑️...-b)

What is the main difference between the International Integrated Reporting Council

(IIRC) Framework and other reporting standards?

a) Its management approach disclosures

b) The need to project the company's vision of the future, and not so much its past

performance

c) It focuses on materiality


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,d) Its strong focus on risks and opportunities related to the

transition to a lower-carbon economy - ....ANSWER☑️☑️...-b)

According to the International Integrated Reporting Council (IIRC) Framework, what

is the first phase in the value creation process?

a) Outputs

b) Outcomes

c) Input

d) Business activities - ....ANSWER☑️☑️...-c)

According to the International Integrated Reporting Council (IIRC) Framework, the

capacity of an organization to create value will be determined by its:

a) Strategy

b) Business model

c) Environment

d) Stakeholders - ....ANSWER☑️☑️...-b)

What is the role of senior management and those charged with governance in

ensuring the credibility of, and trust in, an integrated report?

a) Those charged with governance are responsible for supervising the financial

reporting process

b) Those charged with governance have ultimate responsibility for how the

organization's strategy, governance and prospects lead to value creation over time

c) Those charged with governance are responsible for managing the reporting

process

d) Those charged with governance have ultimate responsibility for defining the

organization's strategy, governance and financial prospects - ....ANSWER☑️☑️...-b)

Indicate which is the voluntary reporting framework most used worldwide.


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, a) International Integrated Reporting Framework (IIRC)

b) Sustainability Accounting Standards Board (SASB)

c) Task Force on Climate-related Financial Disclosures (TCFD)

d) Global Reporting Initiative (GRI) Standards - ....ANSWER☑️☑️...-d)

Which of the following statements is true?

a) Individual standards for each Global Reporting Initiative (GRI) Standards have

been organized into 3 series: Economic, Social, and

Governance

b) Individual standards for each Global Reporting Initiative (GRI) Standards have

been organized into 3 series: Economic, Social, and

Environmental.

c) Individual standards for each Global Reporting Initiative (GRI) Standards have

been organized into 3 series: Economic, Environmental, and Governance

d) Individual standards for each Global Reporting Initiative (GRI) Standards have

been organized into 3 series: Environmental, Social, and

Governance - ....ANSWER☑️☑️...-b)

What non-financial reporting initiative provides a set of globally applicable industry-

specific standards that identify the minimal set of financially material sustainability

topics and their associated metrics for the typical company in an industry?

a) The European Federation of Financial Analysts Societies (EFFAS) KPIs

b) The International Integrated Reporting Framework (IIRC)

c) The Global Reporting Initiative (GRI) Standards

d) The Sustainability Accounting Standards Board (SASB) - ....ANSWER☑️☑️...-d)

Which of the following statements is false?




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