Who is responsible for operating an enterprise?
A)The auditor.
B)The audit committee.
C)Management.
D)The board of directors.

Question

Quizplus · Accepted Answer

The responsibility for operating an enterprise falls squarely on the management team. They are responsible for setting the strategic direction, overseeing day-to-day operations, managing finances, and ensuring compliance with regulations. While auditors, the audit committee, and the board of directors play important roles in monitoring and providing oversight, they are not responsible for running the company.

Who Is Responsible for Operating an Enterprise