Final answer:
In business organizations, the Chief Risk and Ethics Officer (CREO) typically reports to a standing committee of the board, is often a lawyer, and has access to the CEO.
Thus, the correct option is D.
Step-by-step explanation:
In the context of this question, CREO stands for Chief Risk and Ethics Officer, a position commonly found in business organizations. The correct answer is D. All of the above. The CREO typically reports to a standing committee of the board, such as the audit or compliance committee, ensuring independence and oversight. They are often a lawyer because the role involves understanding and managing legal risks. Additionally, the CREO has access to the CEO to provide regular updates on risks and ethical matters.