A Social Responsibility Audit Is

question 54

Multiple Choice

A social responsibility audit is

• A) a systematic assessment and reporting of an organization's accomplishments in various areas of corporate social responsibility.
• B) a public opinion survey regarding the social impact of a corporation's actions.
• C) an internal accounting audit requested by shareholders.
• D) a systematic assessment of the corporation's impact on its employees' social lives.
• E) a survey of employees regarding their social preferences.

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Definitions:

SEC

Securities and Exchange Commission, a U.S. government agency responsible for regulating the securities industry and protecting investors.

Consolidation Plan

A strategy for combining two or more companies into a single entity to achieve operational efficiencies or market benefits.

Boards of Directors

A group of individuals elected to represent shareholders and oversee the activities and direction of a company or organization.

Merging Company

A company involved in a merger, where two or more companies combine to form a new entity or one is absorbed into another.