IIA Exam IIA-ACCA Topic 5 Question 62 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 62
Topic #: 5

Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?

AThe board has overall responsibility for the internal control processes associated with the CSR program.

BManagement has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

CThe internal audit activity is responsible for ensuring that CSR principles are integrated into the organization's policies and procedures.

DEvery employee has a responsibility for ensuring the success of the organization's CSR objectives.

Show Suggested Answer

Suggested Answer: C

by Pete at Aug 06, 2023, 08:41 AM

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Gertude

2 months ago

I'm gonna have to go with option B. It just makes the most sense to me. Unless, of course, the organization's CSR program is run by a team of highly trained penguins. Now, that would be a sight to see!

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Theola

13 days ago

I agree, it would be quite a sight to see a team of highly trained penguins running a CSR program!

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Marguerita

22 days ago

True, but I think in most cases, it's the management who takes the lead on CSR initiatives.

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Jettie

27 days ago

But what if the penguins are actually the ones in charge of the CSR program? That would be quite interesting!

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Marlon

29 days ago

Well, regardless of who's running the program, it's important for everyone to contribute to the organization's CSR objectives.

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Taryn

29 days ago

Haha, imagine a team of penguins running the CSR program, that would be quite interesting!

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Ranee

1 months ago

I agree, option B does seem like the most logical choice.

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Stevie

2 months ago

Option B) Management has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

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Alton

3 months ago

Option A is just silly. The board doesn't have responsibility for the internal control processes of the CSR program. That's like asking the CEO to fix the copier.

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Lorrie

3 months ago

I'm leaning towards option C. The internal audit activity should be responsible for ensuring that CSR principles are integrated into the organization's policies and procedures.

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Rozella

1 months ago

It's important for every employee to contribute to CSR objectives, but having internal audit oversee it is key.

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Cassi

1 months ago

I agree, the internal audit team plays a crucial role in ensuring CSR is integrated into policies.

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Mattie

1 months ago

I think option C makes sense. The internal audit activity should be focused on CSR principles.

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Theola

3 months ago

Option D is intriguing, but I'm not sure every employee has a responsibility for ensuring the success of the organization's CSR objectives. Shouldn't that be more of a managerial role?

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Narcisa

2 months ago

Employee: But shouldn't the board oversee internal control processes for CSR?

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Annelle

2 months ago

Manager: Management is responsible for the effectiveness of CSR processes.

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Sommer

2 months ago

Employee: I think every employee should have a role in CSR.

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Page

3 months ago

I think option B is the correct answer. Management has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

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Kaitlyn

2 months ago

Yes, I think so too. It's important for management to oversee governance and risk management in CSR initiatives.

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Wilda

2 months ago

I agree, option B makes the most sense. Management should be responsible for the effectiveness of the CSR program.

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Lilli

3 months ago

I believe D) Every employee has a responsibility for ensuring the success of the organization's CSR objectives. It's a collective effort.

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Erinn

4 months ago

I agree with Shaniqua. Management should be accountable for ensuring the success of the CSR program.

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Shaniqua

4 months ago

I think B) Management has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

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