IIA Exam CPEA Topic 1 Question 98 Discussion

Actual exam question for IIA's CPEA exam

Question #: 98
Topic #: 1

[All CPEA Questions]

Directors and officers of a corporation:

AMay be responsible for environmental damage

BMay avoid responsibility for environmental damage if they exercise due diligence

CCannot be held liable for property damage caused by a corporation

DAre always responsible for environmental damage caused by a corporation

Show Suggested Answer

Suggested Answer: A, D

by Barney at Mar 25, 2025, 01:16 AM

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2 days ago

I'm going with C. Directors can't be held liable for property damage caused by the corporation. Easy peasy!

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9 days ago

D seems like the safest option, but I'm not sure. Corporations should be held accountable for environmental damage, right?

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10 days ago

But they are always responsible for environmental damage caused by a corporation, right?

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12 days ago

I think option B is the correct answer. Directors and officers can avoid liability if they exercise due diligence.

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12 days ago

I agree with Tracey, they can avoid responsibility if they exercise due diligence.

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21 days ago

I think directors and officers may be responsible for environmental damage.

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