The Wright Tire Co. uses a company-wide team of employees to identify company activities related to social issues, report on how the firm is responding to those issues, and evaluate how effectively the firm has met those issues. The Wright Tire team is conducting a(n) ___.
A) environmental impact audit
B) government-mandated audit
C) internal accounting audit
D) social audit

Question

Quizplus · Accepted Answer

The Wright Tire Co.'s team of employees is conducting a social audit, which involves identifying company activities related to social issues, reporting on the firm's response to those issues, and evaluating how effectively the firm has met those issues. This is not an environmental impact audit, a government-mandated audit, or an internal accounting audit which focus on different areas of the business.