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Exam IIA-CIA-Part1 topic 6 question 348 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 348
Topic #: 6
[All IIA-CIA-Part1 Questions]

Which of the following is true about corporate social responsibility (CSR)?

  • A. Social and environmental considerations are required parts of an organization's decision making.
  • B. The Global Reporting Initiative provides standards on required disclosures of CSR.
  • C. CSR activities are overseen and managed by operational management.
  • D. Internal auditors can provide assurance on reported sustainability results.
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Suggested Answer: A 🗳️

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Kozy
1 week, 2 days ago
Selected Answer: D
Corporate Social Responsibility (CSR) includes an organization's voluntary commitment to social, environmental, and ethical practices that contribute to sustainable development. Many organizations now report on their sustainability initiatives and performance. According to IIA guidance, internal auditors: ✅ Can provide independent assurance on sustainability reporting and CSR disclosures, ✅ Evaluate the processes and controls around the collection, analysis, and reporting of CSR-related information, ✅ Help ensure the credibility, accuracy, and completeness of sustainability reports, enhancing stakeholder trust.
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f30b972
11 months ago
CSR is not a required practice
upvoted 3 times
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