Which of the Following Statements Is True Regarding the Audit

question 72

Multiple Choice

Which of the following statements is true regarding the audit of a corporate social responsibility (CSR) program?

• A)Only quantitative measurements should be used in the audit.
• B)The most effective audits involve only one significant stakeholder group.
• C)Involving every stakeholder group in the audit will only provide conflicting results.
• D)Both qualitative and quantitative measurements should be used in the audit.
• E)Only qualitative measurements should be used in the audit.

---

Definitions:

Interlocking Directorate

A situation where the same individuals sit on the board of directors of several companies, potentially leading to conflicts of interest or undue influence across these companies.

Conflict Of Interest

A situation in which an individual's personal interest could interfere with or appear to interfere with the duties performed in an official capacity.

Corporate Governance Issues

Concerns or problems relating to the system of rules, practices, and processes by which a company is directed and controlled.

Stakeholder Needs

The requirements or demands of individuals or groups directly or indirectly affected by an organization's actions.