IIA Exam IIA-ACCA Topic 5 Question 62 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 62
Topic #: 5

Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?

AThe board has overall responsibility for the internal control processes associated with the CSR program.

BManagement has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

CThe internal audit activity is responsible for ensuring that CSR principles are integrated into the organization's policies and procedures.

DEvery employee has a responsibility for ensuring the success of the organization's CSR objectives.

Show Suggested Answer

Suggested Answer: C

by Pete at Aug 06, 2023, 08:41 AM

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Gertude

7 hours ago

I'm gonna have to go with option B. It just makes the most sense to me. Unless, of course, the organization's CSR program is run by a team of highly trained penguins. Now, that would be a sight to see!

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Alton

10 days ago

Option A is just silly. The board doesn't have responsibility for the internal control processes of the CSR program. That's like asking the CEO to fix the copier.

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Lorrie

11 days ago

I'm leaning towards option C. The internal audit activity should be responsible for ensuring that CSR principles are integrated into the organization's policies and procedures.

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1 months ago

I think B) Management has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

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