IIA Exam CPEA Topic 1 Question 98 Discussion

Actual exam question for IIA's CPEA exam

Question #: 98
Topic #: 1

[All CPEA Questions]

Directors and officers of a corporation:

AMay be responsible for environmental damage

BMay avoid responsibility for environmental damage if they exercise due diligence

CCannot be held liable for property damage caused by a corporation

DAre always responsible for environmental damage caused by a corporation

Show Suggested Answer

Suggested Answer: A, D

by Barney at Mar 25, 2025, 01:16 AM

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Millie

3 months ago

Option B sounds like the answer that won't get me in trouble. Gotta cover my bases, you know?

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Gilberto

1 months ago

User 3: I agree, it's better to be safe than sorry when it comes to environmental damage.

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Tamekia

2 months ago

User 2: Yeah, exercising due diligence is key to avoiding trouble.

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Julene

2 months ago

User 1: Option B does seem like the safest choice.

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Bronwyn

3 months ago

Haha, I hope option C is true. That would be a get-out-of-jail-free card for all the corporate bigwigs!

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Eden

1 months ago

I'm not sure about that, I think they should always be held responsible for environmental damage.

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Omega

1 months ago

I think option B is more realistic. They can avoid responsibility if they exercise due diligence.

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Jade

2 months ago

I wish option C was true too! That would make things a lot easier for the directors and officers.

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Tayna

3 months ago

I'm going with C. Directors can't be held liable for property damage caused by the corporation. Easy peasy!

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Delfina

30 days ago

I see your point, but I'm sticking with D. Directors are always responsible for environmental damage caused by a corporation.

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Jettie

1 months ago

Hmm, interesting point. I still think C is the best choice. Directors cannot be held liable for property damage.

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Eliz

1 months ago

I'm not so sure about that. I believe B is the correct answer. They can avoid responsibility if they exercise due diligence.

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Beula

2 months ago

I think it's actually A. Directors may be responsible for environmental damage.

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Son

3 months ago

D seems like the safest option, but I'm not sure. Corporations should be held accountable for environmental damage, right?

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Chery

2 months ago

B) May avoid responsibility for environmental damage if they exercise due diligence

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Joseph

2 months ago

Corporations should definitely be held accountable for environmental damage.

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Vashti

2 months ago

A) May be responsible for environmental damage

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Kate

3 months ago

But they are always responsible for environmental damage caused by a corporation, right?

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Yen

3 months ago

I think option B is the correct answer. Directors and officers can avoid liability if they exercise due diligence.

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Shawna

3 months ago

I agree with Tracey, they can avoid responsibility if they exercise due diligence.

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Tracey

3 months ago

I think directors and officers may be responsible for environmental damage.

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