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IIA Discussions
Exam CPEA Topic 1 Question 98 Discussion
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:
A
May be responsible for environmental damage
B
May avoid responsibility for environmental damage if they exercise due diligence
C
Cannot be held liable for property damage caused by a corporation
D
Are always responsible for environmental damage caused by a corporation
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Suggested Answer:
A, D
by
Barney
at
Mar 25, 2025, 01:16 AM
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Millie
30 days ago
Option B sounds like the answer that won't get me in trouble. Gotta cover my bases, you know?
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Julene
16 days ago
User 1: Option B does seem like the safest choice.
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Bronwyn
1 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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Jade
15 days 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
1 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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Beula
20 days ago
I think it's actually A. Directors may be responsible for environmental damage.
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Son
2 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
9 days ago
B) May avoid responsibility for environmental damage if they exercise due diligence
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Joseph
16 days ago
Corporations should definitely be held accountable for environmental damage.
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Vashti
19 days ago
A) May be responsible for environmental damage
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Kate
2 months ago
But they are always responsible for environmental damage caused by a corporation, right?
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Yen
2 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
2 months ago
I agree with Tracey, they can avoid responsibility if they exercise due diligence.
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Tracey
2 months ago
I think directors and officers may be responsible for environmental damage.
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Millie
30 days agoJulene
16 days agoBronwyn
1 months agoJade
15 days agoTayna
1 months agoBeula
20 days agoSon
2 months agoChery
9 days agoJoseph
16 days agoVashti
19 days agoKate
2 months agoYen
2 months agoShawna
2 months agoTracey
2 months ago