The essence of an effectively controlled organization lies in the
A)effectiveness of its auditor.
B)effectiveness of its internal auditor.
C)attitude of its employees.
D)attitude of its management.

Question

Quizplus · Accepted Answer

The attitude of the management is crucial in creating and maintaining a culture of effective control within an organization. Management sets the tone at the top and is responsible for establishing policies, procedures, and systems that ensure effective risk management and internal control. Without a committed and accountable management team, efforts to establish and maintain effective internal control are likely to fail. The other choices may be important factors in supporting effective control, but they are not as fundamental as management attitude.

The Essence of an Effectively Controlled Organization Lies in the