Which of the Following Statements About Ethics Audits Is False

question 21

Multiple Choice

Which of the following statements about ethics audits is false?

• A)They provide an opportunity to measure conformity to the firm's desired ethical standards.
• B)Social audits and ethics audits perform basically the same function,so organizations can use them interchangeably.
• C)They provide an objective method for demonstrating a company's commitment to improving strategic planning,including its compliance with legal and ethical standards and social responsibility.
• D)They can be a component of social audits.
• E)They are systematic evaluations of an organization's ethics program and performance to determine whether it is effective.

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Definitions:

Tennessee Valley Authority

A federal agency established in 1933 to reduce flood risk, produce electrical power, and improve economic conditions in the Tennessee Valley region.

Lighthouse

A tower with a powerful light at the top, positioned at a significant or dangerous navigational point to aid maritime pilotage.

Socialist Economies

Economic systems where the production and distribution of goods and services are controlled by the government with an aim towards equal distribution of wealth.

The United States

The United States is a federal republic consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its significant influence on global politics, economy, and culture.