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Question 595 - IIA-CIA-Part1 discussion

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Which of the following describes a responsibility of operating management in an organization's corporate social responsibility (CSR) efforts?

A.

Responsible for implementing CSR principles and overseeing of CSR performance.

Answers
A.

Responsible for implementing CSR principles and overseeing of CSR performance.

B.

Responsible for performing periodic internal self-verifications of reported CSR results.

Answers
B.

Responsible for performing periodic internal self-verifications of reported CSR results.

C.

Responsible for performing analysis and comparison of CSR reports and performance.

Answers
C.

Responsible for performing analysis and comparison of CSR reports and performance.

D.

Responsible for ongoing CSR reporting and accomplishing of performance targets.

Answers
D.

Responsible for ongoing CSR reporting and accomplishing of performance targets.

Suggested answer: A

Explanation:

Operating management in an organization is responsible for implementing CSR principles and overseeing CSR performance (Option A). This involves ensuring that the CSR initiatives align with the organization's goals and values, and that these initiatives are executed effectively. Management's role includes setting objectives, developing strategies, and monitoring the progress of CSR activities. This responsibility is outlined in various frameworks and guidelines for corporate social responsibility, emphasizing the need for management to take an active role in CSR implementation and oversight.

Reference:

IIA Practice Guide: Internal Audit's Role in Corporate Social Responsibility

ISO 26000: Guidance on Social Responsibility

asked 03/11/2024
YASSIR GHAZY
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