BSD Corporation developed an internal control plan using the COSO framework. Based on the CoBIT accountability framework, which of the following statements is most true?
A)External auditors are responsible to all organizational stakeholders for communicating information from the plan.
B)The board of directors is responsible to all organizational stakeholders for communicating information from the plan.
C)Both A and B are true.
D)Neither A nor B is true.

Question

Quizplus · Accepted Answer

The board of directors holds the ultimate responsibility for governance and accountability to stakeholders, including the communication of information from internal control plans.

BSD Corporation Developed an Internal Control Plan Using the COSO