Top 150+ Solved Auditing Corporate Governance MCQ Questions Answer
Q. Corporate Social Responsibility includes
a. Corporate Sustainability
b. Giving back to host community
c. Building essential social infrastructure
d. All of the above
Q. The concept of a triple bottom line encompasses
a. Economic concern
b. Social Concern
c. Environmental concern
d. All of the above
Q. Corporate Social Responsibility has been regulated by of the Companies Act, 2013
a. Section 135
b. Section 154
c. Section 134
d. Section 153
Q. The acronym CSR stands for
a. Corporate Search and Rescue
b. Corporate Social Responsibility
c. Corporate Sensitive Reliability
d. Corporate Social Reality
Q. Corporation are regarded as in the eyes of the law
a. Artificial person
b. Natural person
c. Fictitious person
d. None of the above
Q. The stakeholder view of social responsibility states that organisations mustrespond to the needs of
a. employees and customers
b. shareholders and owners
c. all interested parties
d. all those who might sue the organisation
Q. Corporate social responsibility provides a wide range of benefits for companies in terms of
a. Increased brand value and reputation
b. Increased attraction and retention of employees
c. Easier availability of finance
d. All of the above
Q. The act of a corporate to five gifts/ charitable contributions to communities, universities, etc. that do not necessarily provide any economic benefit but helps in generating goodwill among employees, customers and the local community.
a. Corporate responsibility
b. Corporate philanthropy
c. Business ethics
d. Corporate sustainability
Q. Today stakeholders are increasingly demanding that businesses take up environmental stewardship as a part of CSR to reduce carbon footprint of the business through
a. Sustainable packaging
b. Good water management
c. Better waste management including emissions from plants
d. All of the above
Q. The CSR projects/activities outlined in the Schedule VII of the Companies Act, 2013 arei. Promoting educationii. Eradicating hunger, poverty & malnutritioniii. Protection of national heritage, art and cultureiv. Ensuring environmental sustainability
a. Only ii and iii
b. All of the above
c. None of the above
d. i, ii and iv
Q. The members of the corporate social responsibility committee will beappointed by
a. Board of directors
b. Shareholders
c. Managing director
d. Chief Executive Officer
Q. The governance flaws of collapsed companies may be happened due to
a. Failure of the Board of Directors
b. Flaws in External Audit
c. Dominating Dishonest CEO
d. All of the above.
Q. -------- refers to a set of prescriptions and practices that provide guidelines with regards to the effective control of a company in the best interest of its shareholders and other stakeholders.
a. EDP
b. Corporate governance code
c. Corporate reforms
d. Auditing Standards