Which of the following is NOT a responsibility of management?
A) Ensuring that the company can pay debts as and when they become due and payable
B) Ensuring that the accounts comply with accounting standards
C) Enhancing the confidence of financial report users
D) Adopting sound accounting policies and maintaining adequate internal controls

Question

Quizplus · Accepted Answer

Enhancing the confidence of financial report users is generally a result of fulfilling responsibilities, but it is not a direct responsibility of management. Management's responsibilities are more focused on compliance, financial health, and internal controls.

Which of the Following Is NOT a Responsibility of Management