Corporate Social Responsibility and Ethical Investing Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the origin of the word 'Audit'?

  • It originated from the Spanish word 'audición' which means 'to evaluate'
  • It originated from the Latin word 'audire' which means 'to hear' (correct)
  • It originated from the French word 'audition' which means 'to examine'
  • It originated from the Greek word 'audeo' which means 'to listen'

What is the main difference between government/institutional audit and social audit?

  • Government or institutional audit is conducted without any external oversight, while social audit is conducted with the assistance of movements and NGOs
  • Government or institutional audit is conducted without the significant involvement of beneficiaries, while social audit involves the people affected by the activity being audited (correct)
  • Government or institutional audit is conducted solely by external, professional auditing institutions, while social audit is conducted internally by the organization
  • Government or institutional audit is focused on financial performance, while social audit is focused on environmental impact

Who conducts the People’s/Public audit?

  • The people themselves, including those who are directly affected or are the intended beneficiaries, sometimes with the assistance of movements and NGOs (correct)
  • External auditors hired by the government
  • Independent international organizations
  • Private companies involved in the activity being audited

When is social audit conducted in addition for certain types of schemes and activities?

<p>Especially those involving huge and/or disaggregated expenditure (C)</p> Signup and view all the answers

What is the purpose of Social Auditing?

<p>A way of measuring and reporting on an organization’s social and ethical performance (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Browser