ESRS-Professional Dumps Questions Increase Your Chance of Success

1. Which of the following are key characteristics of an internal control for assurance purposes? Select all that apply.

2. Indicate whether the following statement is true or false.

Policymakers and regulators worldwide are increasingly mandating limited assurance for sustainability reporting in Europe and mandatory assurance in all Asian and African countries.

3. What must organizations disclose under the ESRS regarding their material impacts, risks, and opportunities? Select all that apply.

4. Which of the following is true about setting thresholds for financial materiality under the ESRS?

5. What disclosures must be included in the sustainability statement? Select all that apply.

6. Which of the following elements is recommended for inclusion in the sustainability statement under ESRS 2, based on Appendix F of ESRS 1?

7. 1.Which of the following correctly fills the gaps in the paragraph below?

The first set of the ESRS consist of several standards: The first group includes __________ General requirements and __________ General disclosures. These standards apply regardless of the specific sustainability topic being reported.

The next group includes ten __________ that cover various topics across the three dimensions of sustainable development. For example, ESRS E1 focuses on the environmental dimension, particularly climate change.

Finally, the last group includes the __________ which are currently under development.

8. Indicate whether the following statement is true or false.

The goal of assurance is to confirm the reliability of information related to an organization's sustainability risks, how these risks are managed and reduced, and the organization's performance data.

9. Indicate whether the following statement is true or false.

External assurance not required for all information reported under ESRS 2 and the topical ESRS.

10. Why should organizations consider reporting on sustainability? Select all options that apply.

A. Reporting demonstrates transparency and accountability by disclosing environmental, social, and economic impacts.

B. Stakeholders increasingly expect organizations to report on their sustainability performance.

C. Reporting guarantees immediate financial gains for the organization.

D. Demonstrating sustainability performance can enhance brand value and provide a competitive advantage.

11. What is the PRIMARY purpose of creating a cross-departmental taskforce for CSRD compliance?

A. To create a hierarchical structure that limits communication between departments

B. To ensure coordinated efforts, meet reporting timelines, and manage sustainability reporting responsibilities across the organization

C. To reduce the overall workload by assigning all tasks to a single department

D. To minimize interaction between different organizational departments

12. Indicate whether the following statement is true or false. Entity-specific disclosures are required if a material sustainability matter is not covered or sufficiently detailed in the ESRS.