BCORP Licensing Criteria

Question 1

Which of the following areas does the B Impact Assessment NOT evaluate?

Accepted Answer

Profit Margin

Answer

Workers

Answer

Environment

Answer

Community

Question 2

What is the minimum score a company must achieve on the B Impact Assessment to be eligible for B Corp certification?

Accepted Answer

80 points

Answer

50 points

Answer

100 points

Answer

120 points

Question 3

Which of the following best describes the legal requirement for Certified B Corps?

Accepted Answer

They must amend their governing documents to consider stakeholders.

Answer

They must donate 10% of profits to charity.

Answer

They must pay higher taxes.

Answer

They must be audited annually by the government.

Question 4

How often must a Certified B Corp recertify to maintain its certification?

Accepted Answer

Every 3 years

Answer

Every year

Answer

Every 5 years

Answer

Only once, at the initial certification

Question 5

Which of the following is NOT a component of the B Impact Assessment?

Accepted Answer

Product design

Answer

Governance

Answer

Customers

Answer

Environmental impact