Certified Internal Auditor (CIA) Part 3: Business Knowledge for Internal Auditing — Question 1

According to the International Professional Practices Framework, which of the following statements is true regarding a corporate social responsibility (CSR) program?
1. Every employee generally has a responsibility for ensuring the success of CSR objectives.
2. The board has overall responsibility for the effectiveness of internal control processes associated with CSR.
3. Public reporting on the CSR governance process is expected.
4. Organizations generally have flexibility regarding what is included in a CSR program.

Answer options

• A. 1, 2, and 3 only
• B. 1, 2, and 4 only
• C. 1, 3, and 4 only
• D. 2, 3, and 4 only

Correct answer: B

Explanation

The correct answer is B because it includes the statements that every employee plays a role in CSR success, the board's responsibility for internal controls, and the flexibility organizations have in defining their CSR programs. Option A is incorrect as it excludes statement 4, C is wrong as it omits statement 2, and D is incorrect because it does not include statement 1.