Managing business risk is the responsibility of:
A)the auditors.
B)management.
C)the SEC.
D)the PCAOB.

Question

Quizplus · Accepted Answer

Managing business risk falls under the responsibility of management. It is their job to identify and assess potential risks to the business and implement strategies to mitigate those risks. Auditors, the SEC, and the PCAOB may provide guidance and oversight, but ultimately it is up to management to manage business risk.

Managing Business Risk Is the Responsibility Of