In a social audit, the firm itself attempts to measure and evaluate its own performance related to social responsibility. It is a self-assessment tool that helps organizations to understand and improve their social and environmental impacts. Option B, C, and D are not accurate definitions of a social audit.

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In a Social Audit

Question 35

Multiple Choice

In a social audit,

A) a firm attempts to measure its own performance relating to social responsibility.
B) outside auditors are called in to evaluate business practices.
C) the government audits the ethical practices of a firm.
D) the government estimates the social costs of individual business action.

Correct Answer: