Which of the following is not an element of an ethical corporate culture?
A) Setting a proper tone at the top
B) Establishing strong internal controls
C) Having an effective internal audit function
D) Having an effective external audit

Question

Quizplus · Accepted Answer

While having an effective external audit can provide assurance that a company's financial statements are accurate and reliable, it is not necessarily considered an element of an ethical corporate culture. The other options, setting a proper tone at the top, establishing strong internal controls, and having an effective internal audit function, are all important components of building an ethical culture within an organization.

Which of the Following Is Not an Element of an Ethical