According to the COSO definition, who is responsible for internal control: (i) board of directors, (ii) managers, (iii) auditors.

Name: According to the COSO definition, who is responsible for internal control: (i) board of directors, (ii) managers, (iii) auditors.
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According to the COSO definition, the board of directors and managers are responsible for internal control. Auditors are not responsible for internal control but rather provide an independent assessment of its effectiveness.

According to the COSO Definition, Who Is Responsible for Internal