A key to the successful introduction and adoption of more effective internal controls is ensuring that managers understand why they need to care about improved internal controls.

Question

Quizplus · Accepted Answer

This statement is true because without understanding why improved internal controls are important, managers may not prioritize implementing them or may not allocate sufficient resources to ensure their effectiveness. It is important to communicate the benefits of improved internal controls, such as reduced risk of errors and fraud, better compliance with regulations, and improved accountability and transparency.

A Key to the Successful Introduction and Adoption of More