Which of the following statements about ethics audits is false?
A)They provide an opportunity to measure conformity to the firm's desired ethical standards.
B)The terms ethics audits and social audits can be used interchangeably.
C)They provide an objective method for demonstrating a company's commitment to improving strategic planning, including its compliance with legal and ethical standards and social responsibility.
D)They can be a component of social audits.
E)They are systematic evaluations of an organization's ethics program and performance to determine whether it is effective.

Question

Quizplus · Accepted Answer

Ethics audits and social audits are not interchangeable terms. While ethics audits focus on evaluating an organization's ethics program and performance, social audits consider a broader range of social and environmental impacts.

Which of the Following Statements About Ethics Audits Is False