Which one of the following groups is interested in an organization's control structure?
A) Board members.
B) Lenders.
C) Auditors.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the above groups, including board members, lenders, and auditors, are interested in an organization's control structure. Board members are responsible for the oversight of the organization's management and operations, which includes the control environment. Lenders want to ensure that the organization has adequate controls in place to mitigate the risk of default on loans. Auditors are responsible for evaluating the effectiveness of the organization's internal control structure to ensure the accuracy of financial statements.

Which One of the Following Groups Is Interested in an Organization's