According to IIA Guidance, Which of the Following Corporate Social

question 137

Multiple Choice

According to IIA guidance, which of the following corporate social responsibility (CSR) activities is appropriate for the internal audit activity to perform?

• A) Determine the optimal amount of resources for the organization to invest in CSR.
• B) Align CSR program objectives with the organization's strategic plan.
• C) Integrate CSR activities into the organization's decision-making process.
• D) Determine whether the organization has an appropriate policy governing its CSR activities.

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Definitions:

Maximum Points

Refers to the highest value or peak point that can be achieved within a given set of parameters or conditions.

Total Economic Profit

The sum of accounting profit and economic profit, which measures the total earnings of a company after accounting for both explicit and implicit costs.

Profitable Level

The point at which the revenue from sales exceeds the costs involved in production or procurement.

Market Price

Market Price is the current price at which a good or service can be bought or sold in a marketplace.