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Question 741 - IIA-CIA-Part1 discussion

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According to IIA guidance, which of the following statements regarding ethics is true?

A.

Business ethics may vary within an organization with both domestic and foreign operations.

Answers
A.

Business ethics may vary within an organization with both domestic and foreign operations.

B.

Business ethics are universal in nature and organizations across the world are expected to comply with similar standards.

Answers
B.

Business ethics are universal in nature and organizations across the world are expected to comply with similar standards.

C.

A business ethics policy for an organization is established solely to direct the behavior and expectations of employees.

Answers
C.

A business ethics policy for an organization is established solely to direct the behavior and expectations of employees.

D.

Business ethics of an organization must remain independent from those of suppliers, customers, and business partners.

Answers
D.

Business ethics of an organization must remain independent from those of suppliers, customers, and business partners.

Suggested answer: A

Explanation:

Business ethics can vary within organizations that operate across multiple regions, as they must often consider local cultural norms and regulations. The IIA recognizes the need for flexibility in ethical policies for multinational organizations, while still adhering to fundamental ethical principles.

asked 03/11/2024
Adish Narayan
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