Which of the following is responsible for establishing a private company's internal control?
A) Senior Management
B) Internal Auditors
C) Senior Management and auditors
D) Audit committee

Question

Quizplus · Accepted Answer

Senior management is responsible for establishing a private company's internal control. While internal auditors and audit committees play a role in monitoring and assessing the effectiveness of internal control, they do not have primary responsibility for establishing it.

Which of the Following Is Responsible for Establishing a Private