Asked by Viviana Paola on May 23, 2024
Verified
What is a risk of ethics auditing?
A) It could offend stakeholders.
B) It could uncover a serious ethical problem.
C) It could violate industry best practices.
D) It is not as comprehensive as a social audit.
E) It is unlikely to identify new risk areas.
Ethics Auditing
The process of evaluating an organization's ethical standards and practices, identifying potential vulnerabilities, and recommending improvements.
Social Audit
The process of evaluating and reporting a firm's performance in terms of social responsibility, often including its impact on the community, environment, and workers.
- Comprehend the risks and benefits of ethics auditing.
Verified Answer
LS
Lekshmi SudhaMay 26, 2024
Final Answer :
B
Explanation :
Uncovering a serious ethical problem is a risk of ethics auditing because the process is designed to scrutinize and evaluate the ethical practices of an organization, potentially revealing significant ethical issues that were previously unknown or unaddressed.
Learning Objectives
- Comprehend the risks and benefits of ethics auditing.