The primary responsibility for the information in a company's ﬁnancial statements and related disclosures lies with:
A) the creditors.
B) the external auditor.
C) the CEO and CFO of the company.
D) the internal auditors.

Question

Quizplus · Accepted Answer

The CEO and CFO of the company are primarily responsible for the information in the company's financial statements and related disclosures. They are tasked with ensuring the accuracy and completeness of financial reports in accordance with applicable laws and accounting standards.

The Primary Responsibility for the Information in a Company's ﬁNancial