Which of the Following Statements Is True Regarding the Roles

question 229

Multiple Choice

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

• A) The board has overall responsibility for the internal control processes associated with the CSR program.
• B) Management has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.
• C) The internal audit activity is responsible for ensuring that CSR principles are integrated into the organization's policies and procedures.
• D) Every employee has a responsibility for ensuring the success of the organization's CSR objectives.

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Definitions:

Intraorganizational Negotiations

Negotiation processes that occur within an organization, typically involving internal stakeholders, departments, or groups.

Competitive Position

The standing or ranking of a company, product, or service in the marketplace compared to its competitors, based on factors like market share, strengths, and weaknesses.

Job Security

The confidence or probability that a person will maintain their employment without facing unemployment risks.

Securities Law

The area of law dealing with the regulation of securities (stocks, bonds, etc.), protecting investors, ensuring fair trading, and preventing fraud.