1. CwP, a large accounting firm, made several errors when auditing several large corporations. This led to several financial misstatements and restatements. In applying the ISO CSR framework, the best action(s) CwP can take is to?

a. Implement company wide policies to prevent errors from occurring.

b. Take the appropriate measures to remedy and wrong doing.

c. All of the above

d. Take accountability for its actions and be answerable to questions from regulators

2. Which of the following is true regarding the International Service Organization (ISO)?

a. Its not law, but standards are adopted by leading companies.

b. Its the ruling authority regarding corporate social responsibility

c. Its an organization that sets regulatory standards

d. All of the above