Which of the following is an appropriate role for the board in governance?
A) Preparing written organizational policies that relate to compliance with laws, regulations, ethics, and conflicts of interest.
B) Ensuring that financial statements are understandable, transparent, and reliable.
C) Assisting the internal audit activity in performing annual reviews of governance.
D) Working with the organization's attorneys to develop a strategy regarding current litigation, pending litigation, or regulatory proceedings governance.

Question

Quizplus · Accepted Answer

The board's role in governance includes ensuring that financial statements are understandable, transparent, and reliable, which is crucial for maintaining the integrity and accountability of the organization.

Which of the Following Is an Appropriate Role for the Board