With whom does the tone of internal control typically originate?
A)Auditors.
B)Employees.
C)Management.
D)Stockholders.

Question

Quizplus · Accepted Answer

The tone of internal control typically originates from management, as they set the tone for the overall ethical culture and behavior within the organization. This includes establishing policies, procedures, and controls to ensure compliance and integrity in financial reporting and operations. While auditors may evaluate the effectiveness of internal controls, and employees may follow and enforce them, ultimately it is management's responsibility to establish and maintain a strong tone of internal control. Stockholders are not typically involved in setting or monitoring internal controls.

With Whom Does the Tone of Internal Control Typically Originate