Which of the following is not considered a monitoring mechanism?
A)The Securities and Exchange Commission (SEC)
B)Top level management
C)The board of director's audit committee
D)The external auditors

Question

Quizplus · Accepted Answer

Top level management is not considered a monitoring mechanism as it is part of the entity being monitored. The other three options listed are all external to the entity being monitored and are responsible for overseeing and ensuring accountability and transparency. The SEC is a government agency that regulates financial markets, while the board of director's audit committee and external auditors work to ensure compliance with laws and regulations, as well as the accuracy and reliability of financial reporting.

Which of the Following Is Not Considered a Monitoring Mechanism