Under the concept of establishment of responsibility, how many people should have the ultimate responsibility?
A)Everyone in the organization.
B)An individual and his/her supervisor.
C)Only one individual.
D)The CEO.

Question

Quizplus · Accepted Answer

The concept of establishment of responsibility in internal control systems dictates that only one individual should have ultimate responsibility for a specific task or function to ensure accountability and clarity.

Under the Concept of Establishment of Responsibility, How Many People