Who has effect over the internal control of a business?
A) management.
B) board of directors.
C) key personnel within the business.
D) all of the above.

Question

Quizplus · Accepted Answer

All of the above have an effect over the internal control of a business. Management is responsible for designing and implementing the internal control system, the board of directors is responsible for overseeing and monitoring the effectiveness of the system, and key personnel within the business are responsible for carrying out the internal control procedures in their respective roles.

Who Has Effect Over the Internal Control of a Business