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Question Five VB operates internationally and the directors have announced that they are to commission a sustainability project that is expected to significantly decrease
Question Five VB operates internationally and the directors have announced that they are to commission a sustainability project that is expected to significantly decrease the entity's adverse impact on the environment. The project will include adopting more environmentally-sound distribution options and relocating to properties with solar energy sources. The directors believe that while other competitors are likely to follow its example, VB will be the first in the sector to pursue this initiative. The announcement also mentions that VB will be applying for available government assistance to help with the funding of the project. Required: (a) Discuss the potential benefits to VB of including details of this project in the voluntary disclosures of its annual report. (b) (6 marks) Discuss the limitations of the voluntary information provided by VB in its annual report for investors making investment decisions about VB. (4 marks) Total for Question Five = 10 marks
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