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

Question

Quizplus · Accepted Answer

The attitude of the management is crucial in creating and maintaining effective control within an organization. The management sets the tone at the top and establishes the culture and values that guide the behavior of employees. Effective management is essential to establish processes, internal controls, and systems that will ensure that the organization operates in an ethical, efficient, and effective manner. While the attitudes of employees, independent auditor, and internal auditor are important, they are ultimately influenced by the tone set by the management.

The Essence of an Effectively Controlled Organisation Lies in The